A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday April 20
(8:30 a.m. ET) Canadian CPI for March. The Street is projecting a rise of 1.1 per cent from February and a gain of 2.6 per cent year-over-year.
(8:30 a.m. ET) Canada’s construction investment for February.
(11:30 a.m. ET) Bank of Canada’s Business Outlook Survey and Survey of Consumer Expectations are released.
Earnings include: PrairieSky Royalty Ltd., Rio Tinto ADR, Steel Dynamics Inc.
Tuesday April 21
(8:15 a.m. ET) U.S. ADP employment (four-week average change) for April 4.
(8:30 a.m. ET) U.S. retail sales for March. Consensus is gain of 1.3 per cent (or 0.2 per cent excluding gas and automobiles) from February.
(10 a.m. ET) U.S. business inventories for February.
(10 a.m. ET) U.S. pending home sales for March. Consensus is a month-over-month rise of 0.3 per cent.
(10 a.m. ET) U.S. Senate Banking Committee confirmation heading for Fed Chair nominee Kevin Warsh.
Earnings include: BHP Group Ltd., Capital One Financial Corp., Danaher Corp., GE Aerospace, Halliburton Co., Rtx Corp., United Airlines Holdings Inc., UnitedHealth Group Inc., 3M Co.
Wednesday April 22
Japan’s trade surplus for March.
Euro zone’s consumer confidence for April.
(8:30 a.m. ET) Canada’s new housing price index for March. Estimates are a month-over-month decline of 0.1 per cent and year-over-year drop of 2.2 per cent.
Earnings include: AT&T Inc., Boeing Co., Boston Scientific Corp., CSX Corp., IBM, Kinder Morgan Inc., Lam Research Corp., Metro Inc., Philip Morris International Inc., Rogers Communications Inc., ServiceNow Inc., Tesla Inc., Texas Instruments Inc., Waste Connections Inc.
Thursday April 23
Japan and Euro zone PMI for April.
(8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for March. Estimates are month-over-month jumps of 2.0 per cent and 10.0 per cent, respectively.
(8:30 a.m. ET) Canadian manufacturing sales for March.
(8:30 a.m. ET) U.S. initial jobless claims for week of April 18. Estimate is 212,000, up 5,000 from the previous week.
(9:45 a.m. ET) U.S. S&P Global PMIs for April.
(11 a.m. ET) U.S. Kansas City Fed Manufacturing Activity survey for April.
Earnings include: Advantage Oil & Gas Ltd., Amazon.com Inc., American Express Co., Blackstone Inc., Caterpillar Inc., Fairfax Financial Holdings Ltd., Gilead Sciences Inc., Honeywell International Inc., Intel Corp., Lockheed Martin Corp., Mastercard Inc., Mullen Group Ltd., Newmont Goldcorp Corp., Southern Copper Corp., Teck Resources Ltd., United Pacific Corp.
Friday April 24
Japan’s CPI for March.
(8:30 a.m. ET) Canadian retail sales for February. The Street is projecting a rise of 0.9 per cent from January.
(8:30 a.m. ET) Canada’s wholesale trade for March.
(10 a.m. ET) U.S. University of Michigan Consumer Sentiment survey for April.
Also: Ottawa’s budget balance for February.
Earnings include: Exxon Mobil Corp., Norfolk Southern Corp., Procter & Gamble Co.