A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday August 17
China retail sales, industrial production and fixed asset investment
Japan real GDP and industrial production
(8:30 a.m. ET) Canadian CPI for July. The Street expects an increase of 0.5 per cent from June and up 3.0 per cent year-over-year.
(8:30 a.m. ET) Canadian new motor vehicle sales for June. Estimate is a year-over-year rise of 2.5 per cent.
(8:30 a.m. ET) Canada’s international securities transactions for June.
(8:30 a.m. ET) U.S. Empire State Manufacturing Survey for August.
(10 a.m. ET) U.S. NAHB Housing Market Index for August.
(4 p.m. ET) U.S. TIC flows for June.
Earnings include: BHP Group Ltd.; New Found Gold Corp.
Tuesday August 18
(5 a.m. ET) Canada’s existing home sales and average prices for July. Estimates are year-over-year declines of 5.0 per cent and 1.5 per cent, respectively.
(5 a.m. ET) Canada’s MLS Home Price Index for July. Estimate is a decline of 3.5 per cent year-over-year.
(8:15 a.m. ET) Canadian housing starts for July. Estimate is an annualized rate rise of 4.6 per cent.
(8:15 a.m. ET) U.S. ADP Employment (4-week average change) for Aug. 1.
(8:30 a.m. ET) U.S. housing starts for July. Consensus is an annualized rate decline of 5.4 per cent.
(8:30 a.m. ET) U.S. building permits for July. Consensus is an annualized rate decline of 0.3 per cent.
(8:30 a.m. ET) U.S. import prices for July. The Street is projecting a rise of 0.1 per cent from June and up 6.9 per cent year-over-year.
(9:15 a.m. ET) U.S. industrial production for July. Consensus is a month-over-month rise of 0.3 per cent with capacity utilization remaining 76.3 per cent.
(10 a.m. ET) U.S. pending home sales for July.
Earnings include: Baidu Inc.; Home Depot Inc.; Northern Dynasty Minerals Ltd.; Seabridge Gold Corp.
Wednesday August 19
Japan core machine orders
Euro zone CPI and labour costs
(8:30 a.m. ET) Canada’s household and mortgage credit for June.
(8:30 a.m. ET) Canada’s construction investment for June.
(2 p.m. ET) U.S. Fed minutes from June 28-29 meeting are released.
Earnings include: Analog Devices Inc.; Estee Lauder Companies Inc.; Lowe’s Companies Inc.; Target Corp.; TJX Companies Inc.
Thursday August 20
Japan trade deficit
(8:30 a.m. ET) Canada’s new housing price index for July. Estimate is a decline of 0.1 per cent from June and down 2.2 per cent year-over-year.
(8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for July. Estimates are month-over-month declines of 0.5 per cent and 2.0 per cent, respectively.
(8:30 a.m. ET) U.S. initial jobless claims for week of Aug. 15. Estimate is 212,000, a gain of 3,000 from the previous week.
(8:30 a.m. ET) U.S. Philadelphia Fed Index for August.
(10 a.m. ET) U.S. leading indicator for July.
(10 a.m. ET) U.S. quarterly services survey for Q2.
Earnings include: AbraSilver Resource Corp.; Alibaba Group Holding Ltd.; Deere & Co.; Kraken Robotics Inc.; Ross Stores Inc.; Walmart Inc.
Friday August 21
Japan’s CPI and manufacturing and services PMI
Euro zone’s manufacturing and services PMI and consumer confidence
(8:30 a.m. ET) Canadian retail sales for June. Consensus is a month-over-month gain of 0.4 per cent.
(9:45 a.m. ET) U.S. S&P Global PMIs for August.
(10:30 a.m. ET) Bank of Canada’s Senior Loan Officer Survey for Q2.
Earnings include: Ubiquiti Networks Inc.