A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
MONDAY, Oct. 20
Japan releases its final reading on the August leading index, and reveals September department store sales.
Germany releases its producer price index for September and Italy reveals industrial orders for August.
(830 a.m. ET) Canada wholesale trade numbers for August. Consensus is for a decline of 0.3 per cent.
Earnings include: Brookfield Canada; Valeant Pharmaceuticals; Apple; Boise Cascade; Celanese; Chipotle Mexican Grill; Gannett; Halliburton; Hasbro; IBM; Kaiser Aluminum; Peabody Energy; Steel Dynamics; Texas Instruments.
TUESDAY, Oct. 21
China reveals its third quarter GDP. The market expects growth of 7.2 per cent from a year ago, slowing from growth of 7.5 per cent in the second quarter. China also releases industrial production for September, forecast to rise 7.5 per cent, retail sales, expected to rise 11.7 per cent, and fixed asset investment.
In Japan, the all-industry activity index is released, and its cabinet office releases its monthly economic report.
(10 a.m. ET) U.S. existing home sales for September. Consensus is for a 1 per cent rise to an annualized rate of 5.10 million.
Earnings include: Canadian National Railway; Canadian Pacific Railway; Celestica; Colabor Group; Coca-Cola; Cree; E*TRADE Financial; Harley-Davidson; Intuitive Surgical; Kimberly-Clark; Lockheed Martin; McDonald's; RadioShack; Reynolds American; Robert Half International; Six Flags Entertainment; Southwest Bancorp; Verizon Communications; Whirlpool; Yahoo.
WEDNESDAY, Oct. 22
Japan reveals trade deficit for September.
(830 a.m. ET) Canadian retail sales for August. Consensus is for a decline of 0.1 per cent, and when excluding autos, a drop of 0.3 per cent.
(830 a.m. ET) U.S. Consumer Price Index. Consensus is for a 1.6 per cent annual rise, or 1.8 per cent when excluding the volatile food and energy sectors.
(10 a.m. ET) Bank of Canada policy announcement and monetary policy report. The bank will hold a press conference at 1115 a.m. (ET).
(330 p.m. ET) Bank of Canada Governor Poloz and Senior Deputy Governor Wilkins appear before the House Finance Committee.
Earnings include: Mullen Group; Open Text; Abbott Laboratories; AT&T; Boeing; Coca-Cola; Dow Chemical; Equifax; General Dynamics; GlaxoSmithKline; Norfolk Southern; Northrop Grumman; Stanley Black & Decker; U.S. Bancorp; Wynn Resorts; Xerox; Yelp.
THURSDAY, Oct. 23
HSBC issues October manufacturing purchasing managers index for October, forecast to come in at 50.2.
Japan releases its October preliminary manufacturing purchasing managers index.
(830 a.m. ET) U.S. initial jobless claims for last week. They are expected to rise 16,000 to 280,000.
(9 a.m. ET) U.S. FHFA house price index, forecast to rise 4.3 per cent from a year ago.
(945 a.m. ET) U.S. Markit Flash Manufacturing PMI for October.
(1030 a.m. ET) Bank of Canada Governor Poloz and Senior Deputy Governor Wilkins appear before the House Finance Committee.
Euro area reveals composite PMI and manufacturing PMI for October. It also releases consumer confidence for October, and the second-quarter debt and deficit numbers. U.K. also puts out September retail sales.
Earnings include: Alamos Gold; Cenovus Energy; Corus Entertainment; Domtar; Husky Energy; IMAX; Rogers Communications; Potash Corp.; Shaw Communications; 3M Company; AllianceBernstein; Altera; Amazon.com; Basic Energy Services; Caterpillar; Celgene; Cenovus Energy; Comcast; Credit Suisse Group; Diamond Offshore Drilling; Dolby Laboratories; Domtar; Dr. Pepper Snapple Group; Dunkin' Brands Group; Edwards Lifesciences; Eli Lilly and Company; General Motors; JetBlue Airways; Juniper Networks; KKR & Co.; KLA-Tencor; Lorillard; Microsoft; Nielsen; Nokia; Nucor; Occidental Petroleum; Pandora Media; Patterson-UTI Energy; Precision Castparts; PulteGroup; Raytheon Company; Reliance Steel & Aluminum; Southern Copper; Southwest Airlines; United Continental Holdings;
FRIDAY, Oct. 24
Germany releases the GfK consumer confidence numbers, while Italy releases its latest retail sales numbers. U.K. issues its preliminary third-quarter real GDP numbers.
(10 a.m. ET) U.S. new home sales for September. Consensus is for a 6.8 per cent drop to an annualized rate of 470,000.
Earnings include: Capital Power; Postmedia Network