Economic calendar 17th. July 2019

Scheduled economic news and data most likely to move markets 17th July 2019

UK – consumer price index, retail price index data due at: 09:30 (BST)

EU – consumer price index data due at: 10:00 (BST)

U.S. – housing data due at: 13:30 (BST)

Canada – consumer price index data due at: 13:30 (BST)

U.S. – Fed’s beige book due at: 19:00

Daily ongoing and new events

In addition to company performance, economic and political events and especially market sentiment will always influence market movement.

I have briefly summarised some events that may actively impact markets below.

U.S. & China trade war – no new information since 9th July 2019 when it was indicated talks were in ‘progress’. Any hint of positive news is likely to send an already ‘high’ U.S. stock market even higher!
Fed interest rate cut speculation continues to push markets up to record all time highs!
Dow pulls back slightly to close at: 27335 (16th. July 2019)
U.S. earnings season reporting started 15th July 2019. Banks trading data up first.
Geopolitical tensions (U.S., Iran, UK, EU) over Iranian sanctions deal.
UK indicates it may release seized Iranian oil tanker suspected of breaking sanctions.
UK Brexit paralysis continues.
U.K. leadership challenge ebbs on, result expected week commencing 22nd July 2019
Italy debt and weakening economy.
Potential global economic slowdown concerns linger even with a high stock market.
Japan and South Korea trade tensions continue.
China – U.S. – concerns over Taiwan arms deal. China indicating it may impose sanctions on U.S. over deal.
U.S. trade tensions with India growing.
Huawei?
The UK economy grew more than expected in May according to data from the Office for National Statistics but remains subdued.
UK job and wage data due reported 16th July 2019
UK inflation data due 17th July 2019
New EU commission president elected 16th July 2019 – Ursula von de Leyen. She indicated she is not adverse to extending the Brexit deadline, but only for good reason. Get out clause for UK then…
Trump: should Google be investigated over China alleged ‘links’ claim?
Facebook challenged by U.S. senators over cryptocurrency, past scandals and consumer data breaches. Does Facebook deserve consumer trust was one of the points.
Sterling under pressure – drops to lowest level for two years 16th July 2019. Brexit ‘no-deal concerns linger.
UK – U.S. trade deal faces issues according UK trade minister Liam Fox.
Goldman Sachs Q2 profits dip.
JP Morgan Chase Q2 net profit up.