Here’s a summary of last week’s market moving news and a look ahead to the data, events and earnings reports that are likely to move the markets in the week starting May 8, 2017.
Last week:
- The U.S. economy created more jobs than forecast in April, when the nonfarm payrolls number came in at 211,000 compared with analysts’ expectations of about 185,000 new jobs.
This week:
Monday, May 8
Europe:
- Results of the second round of the French presidential election.
- Eurozone Sentix index for May.
- Germany manufacturing orders for March.
- UK Halifax house price index for April.
US:
- Labor market conditions for April.
Rest of the world:
- China new yuan loans, loan growth for April.
- China trade balance for April.
- Australia building approvals for March.
- Canada housing starts for April.
Corporate events:
- Centrica, Numis, Parmalat, Chicago Bridge & Iron Co. earnings.
Tuesday, May 9
Europe:
- Germany trade balance for March.
- Italy retail sales for March.
- UK BRC retail sales for April.
US:
- NFIB Small Business Index.
- JOLTS Job Openings.
Rest of the world:
- Australia retail sales for March.
- Canada building permits for March.
Corporate events:
- AT&S, Adecco, BB Biotech, Commerzbank, Continental, Campari, Dialog Semiconductor, Endesa, E.On, Fraport, Munich Re, Pandora, K&S, Zalando, AON, Walt Disney, Nvidia earnings.
Wednesday, May 10
Europe:
- France industrial production for March.
- France trade balance for March.
- Italy industrial production for March.
US
- Weekly mortgage applications data from the Mortgage Bankers Association.
- Weekly crude inventories.
- Import, export prices for April.
Rest of the world:
- China consumer price inflation for April.
- Brazil consumer price inflation for April.
Corporate events:
- Ahold, Eni, HeidelbergCement, Verbund, Wienerberger, Unicredit, Kohls, Macy’s, Teva earnings.
Thursday, May 11
Europe:
- Bank of England monetary policy meeting, news conference.
- UK RICS house prices for April.
- UK industrial production for March.
- UK trade balance for March.
US:
- Weekly natural gas inventories.
- Weekly jobless claims.
- Producer price inflation for April.
Rest of the world:
- Japan bank loans for April.
- South Africa gold, mining production for March.
- Canada new home price index for March.
Corporate events:
- Aegon, OMV, RHI, Dt. Post, Dt. Telekom, Enel, Ass. Generali, Henkel & Co KGaA, ING, Lanxess, Stada, Telefonica, Vivendi, Zurich Insurance, Kohls, Macy’s, Teva earnings.
Friday, May 12
Europe
- Eurozone industrial production for March.
- Germany first-quarter GDP (preliminary).
US
- Consumer price inflation for April.
- Retail sales for April.
- Business inventories for March.
Rest of the world:
- China foreign direct investment for April.
- India trade balance for April.
Corporate events:
- Allianz, ArcelorMittal, ThyssenKrupp earnings.