Calendar
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday May 16
Japan producer price index
China industrial production, retail sales and fixed asset investment
(9 a.m. ET) Canada existing home sales and average prices for April. Estimates are increases of 8 per cent and 14 per cent year over year, respectively.
(9 a.m. ET) Canada MLS Home Price Index for April. Estimate is a rise of 9.3 per cent year over year.
(10:30 a.m. ET) Bank of Canada review
(4 p.m. ET) U.S. net treasury international capital flows for March.
Earnings include: Agilent Technologies Inc.; Amaya Inc.; CanWel Building Materials Group Ltd.; North West Company Inc.; Penn West Petroleum Ltd.; Titan Medical Inc.; Vermillion Inc.
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Tuesday May 17
Japan industrial production
Euro area trade surplus
(8:30 a.m. ET) Canada manufacturing sales and new orders for March. Estimates for both are declines of 1.0 per cent from February.
(8:30 a.m. ET) U.S. consumer prices for April. Consensus is increases of 0.4 per cent from March and 2.1 per cent year over year. Excluding food and energy, the consensus projections are increases of 0.2 per cent and 2.1 per cent, respectively.
(8:30 a.m. ET) U.S. housing starts for April. Consensus is an annualized rate increase of 3.1 per cent.
(8:30 a.m. ET) U.S. building permits for April. Consensus is an annualized rate increase of 5 per cent.
(9:15 a.m. ET) U.S. industrial production and capacity utilization for April. Consensus projections are an increase of 0.3 per cent and 75.0 per cent, up 0.2 per cent, from March, respectively.
Earnings include: Childrens Place Inc.; Clearwater Seafoods Inc.; Home Depot Inc.; TJX Companies Inc.; Vodafone Group PLC
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Wednesday May 18
Japan real GDP
Euro area consumer price index
(8:30 a.m. ET) Canada international securities transactions for March.
(10:30 a.m. ET) EIA petroleum status report
(2 p.m. ET) Federal Open Market Committee (FOMC) minutes from April 26-27 meeting released
Also: U.S. factory order revisions
Earnings include: American Eagle Outfitters Inc.; Cisco Systems Inc.; Hormel Foods Corp.; L Brands Inc.; Lowe's Companies Inc.; Progressive Corp.; SABMiller PLC; Staples Inc.; Take-Two Interactive Software Inc.; Target Corp.; Urban Outfitters Inc.; Williams-Sonoma Inc.
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Thursday May 19
Japan machine orders and all-industry activity index
ECB minutes released from April 21
(8:30 a.m. ET) Canada wholesale trade for March. Estimate is an increase of 0.3 per cent from February.
(8:30 a.m. ET) U.S. initial jobless claims for week of May 14. Estimate is 275,000, down 19,000 from week of May 7.
(8:30 a.m. ET) U.S. Philadelphia Fed Business Outlook Survey for May.
(10 a.m. ET) U.S. leading indicator for April. Estimate is an increase of 0.4 per cent from March.
Earnings include: Advance Auto Parts Inc.; Applied Materials Inc.; ATS Automation Tooling Systems Inc.; Autodesk Inc.; CAE Inc.; Dick's Sporting Goods Inc.; Dollar Tree Inc.; Gap Inc.; Just Energy Group Inc.; Monro Muffler Brake Inc.; Ross Stores Inc.; Silvercorp Metals Inc.; Wal Mart Stores Inc.
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Friday May 20
(8:30 a.m. ET) Canada consumer price index for April. Consensus is a rise of 0.4 per cent from March and 1.7 per cent year over year. For core CPI, consensus projection is unchanged from March and up 2 per cent from previous year.
(8:30 a.m. ET) Canada retail sales for March. Consensus is a decline of 0.7 per cent from February. Excluding automobiles, the projection is a 0.4-per-cent decline.
(10 a.m. ET) U.S. existing home sales for April. Consensus is an annualized rate increase of 1.0 per cent.
(1 p.m. ET) Baker-Hughes rig count
Earnings include: Campbell Soup Co.; Deere & Co; Foot Locker Inc.