The following is a daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
MONDAY, Jan. 20
China releases third-quarter and full-year 2013 gross domestic product.
U.S. stock and bond markets closed for Martin Luther King, Jr. Day.
TUESDAY, Jan. 21
Germany’s ZEW institute releases its monthly index of investor confidence in Europe’s biggest economy.
(830 a.m. ET) Statistics Canada releases November data for wholesale trade and the monthly survey of manufacturing.
Earnings today include: Advanced Micro Devices; Baker Hughes; Cree; Delta Air Lines; Forest Laboratories; Halliburton; IBM; Johnson & Johnson; TD Ameritrade Holding; Texas Instruments; The Travelers Companies; and Verizon Communication.
WEDNESDAY, Jan. 22
First day of World Economic Forum in Davos.
(10 a.m. ET) Bank of Canada to release its latest interest rate announcement and monetary policy report.
(1115 a.m. ET) Bank of Canada governor Stephen Poloz holds news conference to discuss the central bank’s monetary policy report.
Earnings include: Allegheny Technologies; Coach; eBay; F5 Networks; Freeport-McMoRan Copper & Gold; General Dynamics; Jacobs Engineering Group; Logitech International; Netflix; Noble; Norfolk Southern; and SanDisk.
THURSDAY, Jan. 23
HSBC preliminary China purchasing managers’ index for January.
Second day of World Economic Forum in Davos.
(830 a.m. ET) U.S. Labor Department releases weekly jobless claims for last week. Economists predict claims will total 330,000, little changed from the 326,000 filed in the week ended Jan. 11.
(830 a.m. ET) Canadian retail sales data for November.
(858 a.m. ET) U.S. releases the PMI flash manufacturing index.
(10 a.m. ET) National Association of Realtors releases existing home sales for December. Economists expect an annualized reading of 4.92 million, up from November's 4.90 million.
Earnings today include: Open Text; Alaska Air Group; Altera
FRIDAY, Jan. 24
Third day of World Economic Forum in Davos.
(830 a.m. ET) Statistics Canada releases the consumer price index for December.
With files from The Canadian Press
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