A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead.
Monday January 27
China industrial profits and PMI
Germany business sentiment
(8:30 a.m. ET) Canadian wholesale trade for December.
(10 a.m. ET) U.S. new home sales for December. The Street expects an annualized rate rise of 0.9 per cent.
Earnings include: AT&T Inc.; Nucor Corp.
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Tuesday January 28
China’s markets closed (through Friday)
Japan machine tool orders
(8:30 a.m. ET) U.S. durable and core orders for December. The consensus estimates are month-over-month increases of 0.8 per cent and 0.2 per cent, respectively.
(9 a.m. ET) U.S. S&P CoreLogic Case-Shiller Home Price Index (20 city) for November. Consensus is a rise of 0.3 per cent from October and 4.3 per cent year-over-year.
(9 a.m. ET) U.S. FHFA House Price Index for November. The Street expects an increase of 0.3 per cent from October an up 4.2 per cent year-over-year.
(10 a.m. ET) U.S. Conference Board Consumer Confidence Index for January.
Earnings include: Boeing Co.; General Motors Co.; Metro Inc.; Royal Caribbean Cruise Ltd.; Starbucks Corp.; Stryker Corp.
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Wednesday January 29
Japan consumer confidence
(8:30 a.m. ET) U.S. goods trade deficit for December.
(8:30 a.m. ET) U.S. wholesale and retail inventories for December.
(9:45 a.m. ET) Bank of Canada policy announcement and monetary policy report with press conference to follow at 10:30 a.m.
(2 p.m. ET) U.S. Fed announcement with chair Jerome Powell’s press briefing to follow.
Earnings include: ADP; Alibaba ADR; ASML ADR; Canadian Pacific Kansas City Ltd.; Caterpillar Inc.; CGI Inc.; IBM; Meta Platforms Inc.; Methanex Corp.; Microsoft Corp.; Norfolk Southern Corp.; Qualcomm Inc.; Tesla Inc.
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Thursday January 30
Euro zone GDP, economic and consumer confidence and jobless rate
ECB monetary policy meeting
(8:30 a.m. ET) Canada’s payroll survey for November.
(8:30 a.m. ET) U.S. real GDP and GDP price index for Q4. The Street is expecting annualized rate increases of 2.6 per cent and 2.5 per cent, respectively.
(8:30 a.m. ET) U.S. initial jobless claims for week of Jan. 25. Estimate is 218,000, down, 5,000 from the previous week.
(10 a.m. ET) U.S. pending home sales for December. Consensus is a month-over-month decline of 1.0 per cent.
Earnings include: Altria Group; Amazon; Apple Inc.; Blackstone Inc.; Brookfield Infrastructure Partners LP; Canada Goose Holdings Inc.; Canadian National Railway Co.; Champion Iron Ltd.; Comcast Corp.; Mastercard Inc.; Rogers Communications Inc.; Thermo Fisher Scientific Inc.; United Parcel Service Inc.; Visa Inc.
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Friday January 31
Japan jobless rate, retail sales and industrial production
ECB’s three-year CPI expectations
Germany retail sales, CPI and unemployment
(8:30 a.m. ET) Canada’s monthly real GDP for November. Consensus is a drop of 0.1 per cent from October.
(8:30 a.m. ET) U.S. personal spending and income for January. The Street is projecting month-over-month increases of 0.5 per cent and 0.4 per cent, respectively.
(8:30 a.m. ET) U.S. core PCE price index for December. Consensus is a rise of 0.2 per cent from November and up 2.8 per cent year-over-year.
(8:30 a.m. ET) U.S. employment cost index for Q4. The Street is estimating an increase of 1.0 per cent from Q3 and up 4.0 per cent year-over-year.
(9:45 a.m. ET) U.S. Chicago PMI for January.
Also: Ottawa’s budget balance for November.
Earnings include: AbbVie Inc.; Brookfield Business Partners LP; Brookfield Renewable Partners LP; Chevron Corp.; Colgate-Palmolive Co.; Exxon Mobil Corp.; Imperial Oil Ltd.;