A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday March 9
China’s CPI, PPI, foreign reserves, aggregate yuan financing and new yuan loans
Japan’s real cash earnings and bank lending
Germany’s factory orders and industrial production
(11 a.m. ET) U.S. New York Fed’s one-year inflation expectations
Earnings include: Constellation Software Inc., Hewlett Packard Enterprise Co., Oracle Corp.
Tuesday March 10
China’s trade surplus
Japan’s GDP and machine tool orders
Germany’s trade surplus and CPI
(6 a.m. ET) U.S. NFIB Small Business Economic Trends Survey for February.
(8:15 a.m. ET) U.S. ADP Employment for February.
(10 a.m. ET) U.S. existing home sales. The Street expects an annualized rate decline of 1.2 per cent.
Earnings include: Altius Minerals Corp., CES Energy Solutions Corp., Franco-Nevada Corp., Peyto Exploration & Development Corp., Transcontinental Inc.
Wednesday March 11
(8:30 a.m. ET) U.S. CPI for February. The Street is projecting a rise of 0.2 per cent month-over-month and 2.3 per cent year-over-year
Earnings include: Bird Construction Inc., Descartes Systems Group Inc., Freehold Royalties Ltd., Hammond Power Solutions Inc., Lumine Group Inc., Paramount Resources Ltd., Tourmaline Oil Corp., Wesdome Gold Mines Ltd.
Thursday March 12
(8:30 a.m. ET) Canada’s merchandise trade balance for January.
(8:30 a.m. ET) Canadian wholesale trade for January.
(8:30 a.m. ET) Canadian building permits for January.
(8:30 a.m. ET) U.S. initial jobless claims for week of March 7. Estimate is 215,000, up 2,000 from the previous week.
(8:30 a.m. ET) U.S. goods and services trade balance for January.
(8:30 a.m. ET) U.S. housing starts for January. Consensus is a 4.6-per-cent decline on an annualized rate basis.
(8:30 a.m. ET) U.S. building permits for January. Consensus is an annualized rate decline of 4.3 er cent.
(8:30 a.m. ET) U.S. quarterly services survey for Q4.
Earnings include: Adobe Systems Inc., Ballard Power Systems Inc., Empire Co. Ltd., Premium Brand Holdings Corp., Wheaton Precious Metals Corp.
Friday March 13
Euro zone’s industrial production.
(8:30 a.m. ET) Canada’s employment for February. Consensus is a gain of 10,000 jobs with the unemployment rate rising 0.1 per cent to $6.6 per cent and average hourly wages rising 3.2 per cent year-over-year.
(8:30 a.m. ET) Canada’s capacity utilization for Q4.
(8:30 a.m. ET) Canada’s manufacturing sales and new orders for January.
(8:30 a.m. ET) Canadian new motor vehicle sales for January.
(8:30 a.m. ET) U.S. personal spending and income for January. The Street is expecting month-over-month gains of 0.3 per cent and 0.5 per cent, respectively.
(8:30 a.m. ET) U.S. core PCE price index for January. Consensus is a rise of 0.4 per cent from December and up 3.1 per cent year-over-year.
(8:30 a.m. ET) U.S. durable and core orders for January.
(8:30 a.m. ET) U.S. GDP for Q4.
(10 a.m. ET) U.S. job openings for January. Estimate is 6.75 million, up 208,000 from the previous month.
(10 a.m. ET) U.S. University of Michigan Consumer Sentiment Index for March.
Earnings include: Lithium Americas Corp., Neo Performance Materials Inc., Perpetua Resources Corp., Westshore Terminals Investment Corp.