A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
MONDAY, Jan. 26
Japan releases December trade deficit and minutes from its last monetary policy meeting.
Germany Ifo survey.
(2 p.m. ET) U.S. Congressional Budget Office releases its economic outlook for 2015-2025.
Earnings expected from: Brookfield Canada Office Properties, D.R. Horton, Norfolk Southern, Microsoft, Texas Instruments.
TUESDAY, Jan. 27
U.K. real GDP for the fourth quarter.
(830 a.m ET) U.S. durable goods orders. Consensus is for a 0.5 per cent rise, or a 0.6 per cent rise when excluding the transportation segment.
(9 a.m. ET) S&P Case-Shiller home price index for the U.S. The market expects a 4.3 per cent rise.
(10 a.m. ET) U.S. new home sales for December. Consensus is for a 2.7 per cent rise to 450,000.
(10 a.m. ET) U.S. Conference Board consumer confidence index. Consensus is for a reading of 95.0.
Earnings expected from: AlarmForce, Canadian National Railway; Metro Inc., Open Text, 3M Company, AK Steel Holdings, American Airlines Group, Apple, Amgen, Applied Micro Circuits, AT&T, Bristol-Myers Squibb, Caterpillar, E. I. du Pont de Nemours and Company, Electronic Arts, Freeport-McMoRan, Gilead Sciences, Juniper Networks, Lockheed Martin, Novartis, Nucor, Pfizer, Procter & Gamble, United Bankshares, Yahoo!
WEDNESDAY, Jan. 28
Germany GfK consumer confidence.
Earnings expected from: AGF Management, CGI Group, Exco Technologies, Methanex, Norbord, Novagold, AmerisourceBergen, Facebook, General Dynamics, International Paper Company, Murphy Oil, QUALCOMM, Steel Dynamics, St. Jude Medical.
THURSDAY, Jan. 29
Japan retail sales for December.
Euro area economic confidence for January, M3 money supply. Germany unemployment, jobless rate and consumer price index. U.K. nationwide house prices
(830 a.m. ET) U.S. initial jobless claims for last week. Claims are expected to decline 7,000 to 300,000.
(10 a.m. ET) U.S. pending home sales. Consensus is for a 0.5 per cent rise.
Earnings expected from: Canadian Oil Sands, Potash Corp., RDM Corp., Rogers Communications, Rogers Sugar, Tembec, Teranga Gold, Wi-LAN Inc., Abaxis Inc., Abbott Laboratories, Ally Financial Inc., Amazon.com Inc., Bancorp Inc., Blackstone Group, Callaway Golf Co., Cardinal Health Inc., Celgene Corp., Check Point Software Tech Ltd., Chubb Corp., Colgate-Palmolive Co., ConocoPhillips, Deckers Outdoor Corp., Dow Chemical, Eastman Chemical Co., First Financial Bancorp, Ford Motor Co, Google Inc., Harley-Davidson Inc., Hershey Co., Hubbell Inc., Informatica Corp., Invesco Ltd., Investors Bancorp Inc., JDS Uniphase Corp., JetBlue Airways Corp., L-3 Communications, MB Financial Inc., NASDAQ OMX Group Inc., National Bank Holdings, Northrop Grumman Corp., Occidental Petroleum Corp., Penn National Gaming Inc., PMC-Sierra Inc., Potash Corp. of Saskatchewan Inc., QLogic Corp., Quantum Corp., Raytheon, Robert Half International Inc., Royal Caribbean Cruises Ltd., Royal Dutch Shell, Royal Gold Inc., Sherwin-Williams Co., Stanley Black & Decker Inc., Time Warner Cable Inc., Unisys Corp., Viacom Inc., Visa Inc., Whirlpool Corp., World Acceptance Corp., Wynn Resorts Ltd.
FRIDAY, Jan. 30
Japan jobless rate, household spending, CPI and industrial production.
Euro area preliminary CPI for January, and December jobless rate. Also, Germany retail sales for December and France consumer spending and producer price index for December.
(830 a.m. ET) Canada real GDP at basic prices for November. Consensus is for a 0.1 per cent rise.
Ottawa's budget balance. (tentative)
(830 a.m. ET) U.S. real GDP for the fourth quarter. Consensus is for 3 per cent growth on an annualized basis.
(955 a.m. ET) University of Michigan consumer sentiment index. This will be the final reading for January. Consensus is calling for 98.2, in line with the preliminary reading, but well above November's 93.6.