Earnings season rumbles on with a few more releases but it’s the macro-economic outlook that is most in focus during the week of May 16th-20th. FOMC meeting minutes are a highlight and we also have a slew of data from the US likely to impact forex markets and indices.

Economic Calendar

(all times are BST)

Monday 16th

13:00 - Empire State Manufacturing Index – the New York Fed’s latest report on manufacturing output.

Tuesday 17th

09:30 – UK inflation figures – CPI, RPI and PPI Input data.

13:30 – US inflation figures – CPI data

Wednesday 18th

09:30 – UK Average Earnings Index, Unemployment Rate and Claimant Count Change

15:30 – Crude Oil Inventories

19:00 - FOMC Meeting Minutes

Thursday 19th

02:30 – Australian employment data

09:30 – UK Retail Sales figures

13:30 – Philly Fed Manufacturing Index, US Unemployment Claims

Friday 20th

13:30 – Canadian CPI and Retail Sales figures



Tuesday 17th

Vodafone (VOD) Y/2016, EPS estimate 0.047

Wednesday 18th

Staples (SPLS) Q1 2017, EPS estimate 0.163

Target (TGT) Q1 2017, EPS estimate 1.196

Burberry (BRBY) Y/2016, EPS estimate 0.715

SABMiller (SAB) Y/2016, EPS estimate 2.202

Thursday 19th

Wal-Mart Stores (WMT) Q1 2017, EPS estimate 0.883

3i Group (III) Y/2016, EPS estimate 0.463

Royal Mail Group (RMG) Y/2016, EPS estimate 0.363

(Source: Bloomberg)