Calendar
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday August 31
Japan reports July industrial production. A 0.8 per cent year-over-year increase is expected.
The euro area reports August consumer price index, expected to show a 0.1 per cent year over year increase.
U.K. markets are closed for a bank holiday.
India reports its real gross domestic product for the second quarter, expected to be a year-over-year gain of 7.4 per cent.
(8:30 a.m. ET) Canada reports its second quarter current account deficit. Estimates are for $68-billion.
(9:45 a.m. ET) The U.S. reports the Chicago purchasing managers index, expected to come in at 54.7.
Earnings include: Imperial Oil Ltd, Snipp Interactive Inc., Tweed Marijuana Inc.
Tuesday September 1
China reports August manufacturing PMI, expected to come in at 49.7.
Japan reports second quarter capital spending, expecting an 8.9 per cent year-over-year increase, and August manufacturing purchasing managers index, expected at 51.9.
The euro area reports August manufacturing PMI, expected to come in at 52.4; the jobless rate for July is expected to come in at 11.1 per cent.
(8:30 a.m. ET) Canada reports second quarter real GDP, with the consensus expecting a decrease of 0.9 per cent for the annual rate.
(9:30 a.m. ET) Canadian and U.S. automakers report August car sales.
(10:00 a.m. ET) U.S. reports August Manufacturing ISM, estimates expect a reading of 52.6.
(10:00 a.m. ET) U.S. reports July construction spending, expected to show a 1 per cent increase.
Earnings include: Bob Evans Farms Inc., Dollar Tree Inc., Shoe Carnival Inc.
Wednesday September 2
The euro area reports its July producer price index, which is expected to decline 0.1 per cent or -2.1 per cent year over year.
(8.15 a.m. ET) U.S. reports the ADP national employment report for August. Expecting an increase of 200,000 jobs.
(8:30 a.m. ET) U.S. reports second quarter productivity, with consensus of an 2.5 per cent increase at an annual rate.
(9:45 a.m. ET) U.S. reports the New York ISM for August.
(10:00 a.m. ET) U.S. reports July factory orders. Consensus is for a 0.7-per-cent increase.
(2:00 p.m. ET) The Fed releases the Beige Book on economic activity.
Earnings include: Canadian Western Bank, Five Below Inc., SeaChange International Inc., Laurentian Bank of Canada, Navistar International Corp., Oxford Industries Inc., TransGaming Inc., Vivendi.
Thursday September 3
Chinese markets are closed.
Japan reports August services and composite PMI.
The European Central Bank holds a monetary policy meeting.
The euro area reports August services PMI (54.3); composite PMI (54.1), and July retail sales, expected to come in at an increase of 2 per cent year-over-year.
(7:30 a.m. ET) U.S. releases the Challenger Layoff Report for August.
(8:30 a.m. ET) Canada releases its July merchandise trade deficit. Consensus is for it to be $1.5-billion.
(8:30 a.m. ET) U.S. reports on initial jobless claims for the week of Aug. 29. Expectations are for 273,000, up 2,000
(8:30 a.m. ET) U.S. reports on its July goods and services trade deficit, exptect to come in at $41.1-billion.
(10:00 a.m. ET) U.S. reports August non-manufacturing ISM, expected at 58.4.
Earnings include: Campbell Soup Co., Ciena Corp., Genesco Inc., Lands End Inc., UTi Worldwide Inc., VeriFone Systems Inc.
Friday September 4
Chinese markets are closed.
(8:30 a.m. ET) Canada releases August unemployment report, expected to show a decline of 2,500 jobs and a rate of 6.8 per cent, the same as July.
(8:30 a.m. ET) U.S. reports its August employment data, expected to show a gain of 230,000 jobs and an unemployment rate of 5.2 per cent, down a notch from July. It will also report average hourly earnings for August, expected to be up 0.2 per cent.
(8:30 a.m. ET) Canada releases its August average hourly wages, expect to show a 2.9 per cent year over year increase, and its second quarter labour productivity, expected to show a 0.7 per cent decline.
(10:00 a.m. ET) Canada reports the Ivey purchasing managers' index.
Earnings include: DelMar Pharmaceuticals Inc.