A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Sunday, Jan. 4
OPEC+ meeting
Monday, Jan. 5
Japan and China release PMIs
North American auto sales for December
10 am ET: U.S. ISM manufacturing PMI
Tuesday, Jan. 6
China expected to release foreign reserves
Services PMIs to be released in Europe; Germany and France release inflation data for December
930 am ET: Canada S&P global services PMI
945 am ET: U.S. S&P global services/composite PMI
Wednesday, Jan. 7
Euro area CPI data
815 am ET: U.S. ADP national employment report for December
10 am ET: Canada Ivey PMI
10 am ET: U.S. ISM services PMI
10 am ET: U.S. job openings and labor turnover survey for November
10 am ET: U.S. factory orders for October
10 am ET: U.S. global supply chain pressure index
Earnings include: Constellation Brands
Thursday, Jan. 8
Euro area releases CPI expectations and economic confidence data
830 am ET: Canada merchandise trade balance for October. BMO economists expect a deficit of $1.5 billion, flipping from a minor surplus a month earlier.
830 am ET: U.S. weekly initial jobless claims
830 am ET: U.S. productivity and unit labour cost for the third quarter
830 am ET: U.S. goods and services trade deficit for October. BMO expects a US$58 billion reading
10 am ET: U.S. wholesale inventories
Earnings include: Aritzia
Friday, Jan 9
China releases CPI data for December.
Euro area releases retail sales for November; Germany and France release industrial production data for November
830 am ET: Canada employment report for December. Consensus is for a net loss of 5,000 jobs, with the unemployment rate rising two notches to 6.7 per cent. Average hourly wages are expected to be up 3.5 per cent from a year earlier
830 am ET: U.S. nonfarm payrolls report for December. Consensus is for 55,000 new jobs and the unemployment rate to fall one notch to 4.5 per cent
830 am ET: U.S. housing starts and building permits
10 am ET: University of Michigan consumer sentiment
Earnings include Corus Entertainment and Platinum Group Metals