A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday February 16
U.S. and Canadian markets closed
Japan’s real GDP and industrial production
Euro zone’s industrial production
(8:15 a.m. ET) Canadian housing starts. Analysts’ consensus forecast is an annualized rate decline of 6.2 per cent.
(8:30 a.m. ET) Canada’s manufacturing sales for December. The Street is projecting a month-over-month rise of 0.5 per cent.
Earnings include: BHP Group Ltd.
Tuesday February 17
Germany’s CPI
(8:15 a.m. ET) U.S. ADP National Employment Report.
(8:30 a.m. ET) Canada’s CPI for January. The consensus estimate is a month-over-month gain of 0.1 per cent and year-over-year increase of 2.4 per cent.
(8:30 a.m. ET) Canadian wholesale trade for December.
(8:30 a.m. ET) Canada’s international securities transactions for December.
(8:30 a.m. ET) U.S. retail sales for January.
(10 a.m. ET) U.S. NAHB Housing Price Index for February.
Earnings include: CT REIT, Dream Industrial REIT, Gibson Energy Inc., IA Financial Corp. Inc., Iamgold Corp., Medtronic PLC, Palo Alto Networks Inc., RB Global Inc., RioCan REIT, SSR Mining Inc., TFI International Inc.
Wednesday February 18
Japan trade deficit
(5 a.m. ET) Canadian existing home sales for January.
(5 a.m. ET) Canada’s construction investment for December.
(8:30 a.m. ET) U.S. housing starts for December. The Street expects a 6.3-per-cent rise from November.
(8:30 a.m. ET) U.S. building permits for December. Consensus is a month-over-month increase of 0.6 per cent.
(8:30 a.m. ET) U.S. durable goods orders for December. Consensus is a decline of 1.7 per cent from November.
(9:15 a.m. ET) U.S. industrial production and capacity utilization for January.
(2 p.m. ET) U.S. Fed minutes from Jan. 27-28 meeting are released.
Earnings include: Analog Devices Inc., Bausch + Lomb Corp., B2Gold Corp., Choice Properties REIT, Glencore PLC, Ivanhoe Mines Ltd., Nutrien Ltd., Torex Gold Resources Inc., Trican Well Service Ltd., Triple Flag Precious Metals Corp.
Thursday February 19
Japan’s machine tool orders
Euro zone’s consumer confidence
(8:30 a.m. ET) Canada’s new housing price index for January. Estimate is a decline of 0.1 per cent from December and down 2.1 per cent year-over-year.
(8:30 a.m. ET) Canada’s merchandise trade balance for December.
(8:30 a.m. ET) U.S. initial jobless claims for week of Feb. 14. Estimate is 220,000, down 7,000 from the previous week.
(8:30 a.m. ET) U.S. goods and services trade balance for December.
(8:30 a.m. ET) U.S. advance economic indicators report for December.
(10 a.m. ET) U.S. pending home sales for January. Estimate is a gain of 0.2 per cent from December.
Earnings include: Boardwalk REIT, Canadian Tire Corp. Ltd., Deere & Co., Eldorado Gold Corp., Lundin Mining Inc., Quebecor Inc., Sienna Senior Living Inc., Walmart Inc.
Friday February 20
Japan’s CPI and PMI
Euro zone PMI
(8:30 a.m. ET) Canadian retail sales for December. The Street is projecting a decline of 0.5 per cent from November.
(8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for January.
(8:30 a.m. ET) U.S. real GDP for Q4. Consensus is a jump of 2.8 per cent on an annualized rate basis.
(8:30 a.m. ET) U.S. personal income and consumption for December. Consensus is month-over-month increases of 0.3 per cent and 0.4 per cent, respectively.
(9:45 a.m. ET) U.S. S&P Global PMIs for February.
(10 a.m. ET) U.S. new home sales for December.
(10 a.m. ET) U.S. quarterly services survey for Q4.
(10 a.m. ET) U.S. University of Michigan Consumer Sentiment Index for February.
Earnings include: Advantage Oil & Gas Ltd., HudBay Minerals Inc. NexGen Energy Ltd., Onex Corp., Sprott Inc.