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Calendar

Note: Several U.S. economic reports are expected to be delayed by the U.S. government shutdown. Those expected to be delayed have not been included in our calendar.

Monday January 21

China reports its fourth quarter real gross domestic product. Estimates are for an increase of 6.4 per cent year over year.

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China reports is December industrial production. Estimates are for a 5.3 per cent increase year over year.

U.S. markets are closed for Martin Luther King Day.

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Tuesday January 22

Bank of Japan holds its monetary policy meeting and releases its outlook report.

(8:30 a.m. ET) Canada reports its November manufacturing sales. Consensus is for a decrease of 0.5 per cent.

(8:30 a.m. ET) Canada reports its November wholesale trade. Estimates are for a decrease of 0.5 per cent.

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(10 a.m. ET) U.S. reports its December existing home sales. The consensus is for a decrease of 0.9 per cent for an annual rate of 5.23 million.

Earnings include: Advanced Micro Devices Inc.; Capital One Financial Corp.; Halliburton Co.; International Business Machines; Johnson & Johnson; Prologis Inc.;Stanley Black Decker Inc.; TD Ameritrade Holding Corp.

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Wednesday January 23

Bank of Japan holds its monetary policy meeting and releases its outlook report.

Japan reports its December trade balance.

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Euro area reports its January consumer confidence.

(8:30 a.m. ET) Canada reports its November retail sales. Consensus is for an increase of 0.7 per cent.

(9 a.m. ET) U.S. reports its November FHFA House Price Index. Consensus is for a 5.4 per cent year over year increase.

Earnings include: AGF Management Ltd.; Abbott Laboratories; Amphenol Corp.; Canadian Pacific Railway Ltd.; Comcast Corp.; Ford Motor Co.; Kimberly-Clark Corp.; Lam Research Corp.; Nidec Corp.; NovaGold Resources Inc.; Procter & Gamble Co.; TE Connectivity Ltd.; Texas Instruments Inc.; United Technologies Corp.

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Thursday January 24

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Japan reports its January manufacturing PMI.

Euro area reports its manufacturing, services and composite PMI.

The European Central Bank holds its monetary policy meeting.

(9:45 a.m. ET) Markit PMI report will be released in the U.S.

(10 a.m. ET) U.S. reports its December leading indicator. Consensus is for a decrease of 0.1 per cent.

Earnings include: American Electric Power Company Ltd.; Bristol-Myers Squibb Co.; Celestica Inc.; Discover Financial Services; Intel Corp.; Intuitive Surgical Inc.; Norfolk Southern Corp.; Richelieu Hardware Ltd.; Rogers Communications Inc.; Starbucks Corp.; Union Pacific Corp.

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Friday January 25

Canada reports its November budget balance.

Earnings include: AbbVie Inc.; Colgate-Palmolive Co.