A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday, July 21
Earnings include: Brookfield Canada Office; Canadian National Railway; PrairieSky Royalties; Boise Cascade; Chipotle Mexican Grill; Halliburton; Hasbro; Netflix; Six Flags Entertainment; Steel Dynamics; Texas Instruments.
Tuesday, July 22
(830 a.m. ET) U.S. releases consumer price index for June. Consensus expects a 2.1 per cent rise from a year earlier. Excluding food and energy, it is expected to rise 2.0 per cent.
(9 a.m. ET) U.S. releases FMFA House Price Index for May. Consensus is for a 5.2 per cent rise from a year earlier.
(10 a.m. ET) U.S. existing home sales for June, forecast to rise 1.6 per cent to an annualized rate of 4.97 million.
(10 a.m. ET) U.S. Richmond Fed Manufacturing Index.
Earnings include: CanWel Building Materials; Allegheny Technologies; Apple; Broadcom; Centene; Coca-Cola; Comcast; Credit Suisse Group; Crocs; Domino's Pizza; Dupont; Electronic Arts; Gannett; Harley-Davidson; Intuitive Surgical; Juniper Networks; Kimberly-Clark; Lockheed Martin; McDonald’s; Microsoft; RadioShack; Robert Half International; TD Ameritrade Holdings; Travelers Companies; Verizon Communications.
Wednesday July 23
Euro area releases consumer confidence for July, forecast to hold stead from June at -7.5.
(830 a.m. ET) Canadian retail sales for May. The consensus estimate is for a rise of 0.5 per cent, or a 0.3 per cent rise when excluding the autos sector.
Earnings include: Exco Technologies; Angie’s List; AT&T; Bancorp; Boeing; Delta Air Lines; Dow Chemical; E*Trade Financial; Equifax; Facebook; F5 Networks; Freeport-McMoRan; General Dynamics; Gilead Sciences; GlaxoSmithKline; Kaiser Aluminum; Motorola Solutions; Norfolk Southern; Northrop Grumman; PepsiCo; Qualcomm; Raymond James Financial; TripAdvisor; Tupperware Brands; Whirlpool.
Thursday, July 24
Japan releases its latest trade deficit and manufacturing PMI numbers
China releases July's HSBC Manufacturing Purchasing Managers Index.
Euro area releases composite and manufacturing Purchasing Managers Indexes. Plus, the U.K. releases June retail sales.
(830 a.m ET) U.S. initial jobless claims for last week, forecast to rise 4,000 to 306,000.
(945 a.m. ET) U.S. Market Flash Manufacturing PMI fro July.
(10 a.m. ET) U.S. new home sales for June, forecast to fall 4.8 per cent to an annual rate of 480,000.
Earnings include: Canfor Corp.; Domtar; Encana; Husky Energy; Imax; Loblaw Cos.; Mullen Group; Potash Corp.; Precision Drilling; RDM Corp.; Rogers Communications; Teck Resources; Transforce; 3M; Amazon.com; AmerisourceBergen; Bristol-Myers Squibb; Cabot Oil & Gas; Caterpillar; Celgene; Cliffs Natural Resources; Coca-Cola Enterprises; D.R. Horton; Diamond Offshore Drilling; Domtar; r Pepper Snapple Group; Dunkin’ Brands Group; Eli Lilly and Co.; Encana; Ford Motor; General Motors; GNC Holdings; Hershey; Investors Bancorp; Jarden; KLA-Tencor; Marriott Vacations Worldwide; Nucor; Precision Castparts; Raytheon; Royal Caribbean Cruises; Southwest Airlines; Starbucks; Starwood Hotels & Resorts; Supervalu; Union Pacific; Visa.
Friday, July 25
Japan releases June inflation numbers.
Germany releases business and consumer confidence numbers.
U.K. releases GDP estimates for the second quarter.
(830 a.m. ET) U.S. releases durable goods orders for June. The consensus is for a 0.5 per cent rise after declining 0.9 per cent in May.
Ottawa releases budget balance for May.
Earnings include: Capital Power; Progressive Waste.