A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday June 23
Euro zone’s consumer confidence
(8:30 a.m. ET) Canadian CPI for May. The Street is expecting a month-over-month rise of 0.8 per cent and year-over-year gain of 3.0 per cent.
(8:30 a.m. ET) Canada’s construction investment for April.
Earnings include: Alimentation Couche Tard Inc.
Tuesday June 23
Japan and Euro zone’s PMI
(8:15 a.m. ET) U.S. ADP Employment (four-week average change) for June 6.
(9 a.m. ET) Bank of Canada Governor Tiff Macklem speaks to the Chambre de commerce FranceCanada in Paris
(9:45 a.m. ET) U.S. S&P Global PMIs for June.
Earnings include: Carnival Corp.; FedEx Corp.
Wednesday June 24
Germany’s business climate
(7:15 a.m. ET) Bank of Canada Senior Governor Carolyn Rogers joins a panel at the Point Zero Forum in Zurich.
(8:30 a.m. ET) Canada’s manufacturing sales for May.
(8:30 a.m. ET) U.S. current account deficit for Q1.
(10 a.m. ET) U.S. new home sales for May. The Street is expecting an annualized rate rise of 2.9 per cent.
(1:30 p.m. ET) Bank of Canada’s Summary of Deliberations for June 10 decision is released
Earnings include: AGF Management Ltd.; Evertz Technologies Ltd.; Micron Technology Inc.; Paychex Inc.
Thursday June 25
China’s current account surplus
Japan’s machine tool orders
Germany’s consumer confidence
(8:30 a.m. ET) Canada’s job vacancy rate for April.
(8:30 a.m. ET) U.S. initial jobless claims for week of June 20. Estimate is 230,000, up 4,000 from the previous week.
(8:30 a.m. ET) U.S. personal spending and income for May. The Street is expecting month-over-month increases of 0.6 per cent and 0.4 per cent, respectively.
(8:30 a.m. ET) U.S. core PCE price index for May. The consensus forecast is a rise of 0.3 per cent from April and up 3.4 per cent year-over-year.
(8:30 a.m. ET) U.S. real GDP and price index for Q1. The Street is projecting annualized rate increases of 1.6 per cent and 3.5 per cent, respectively.
(8:30 a.m. ET) U.S. real GDP by industry for Q1.
(8:30 a.m. ET) U.S. pretax corporate profits for Q1.
(8:30 a.m. ET) U.S. durable and core goods orders for May.
Earnings include: BlackBerry Ltd.
Friday June 26
China’s industrial profits
Japan’s CPI
(8:30 a.m. ET) Canadian wholesale trade for May.
(8:30 a.m. ET) U.S. goods trade deficit for May.
(8:30 a.m. ET) U.S. wholesale and retail inventories for May.
(10 a.m. ET) U.S. University of Michigan Consumer Sentiment Survey for June.
Earnings include: Apogee Enterprises Inc.; Corus Entertainment Inc.