A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday, May 4
China HSBC manufacturing PMI. Plus, Euro area manufacturing PMI
(10 a.m. ET) U.S. factory orders for March. Consensus estimate is a 2-per-cent increase from February
(11:45 a.m. ET) Finance minister Joe Oliver speaks at Canadian Club in Toronto on Canada's economic and fiscal future
Earnings include: Alnylam Pharms Inc; AMC Networks Inc.; AmeriGas Partners L.P.; Ares Capital Corp.; Avis Budget Grp Inc.; Cablevision Systems Corp.; Cimarex Energy Co.; CNA Financial Corp.; Comcast Corp.; DaVita HealthCare Partners Inc.; Denny's Corp.; Diamond Offshore Drilling Inc.; Dominion Resources Inc.; easyhome; Ensign Energy; Fidelity National Financial FNFV Grp; GuestLogix; Health Net Inc.; MacDonald Dettwiler; Macquarie Infrastructure Company; MGM Resorts Intl; Newalta; Points InternationalTyson Foods Inc.; Response Biomedical; Seven Generations; Tembec; UGI Corp.; Versartis Inc.; Westlake Chemical Corp.; Xencor Inc.; XPO Logistics Inc.
Tuesday, May 5
Euro area producer price index
(8:30 a.m. ET) U.S. goods and services trade deficit for March. Consensus is $39.8-billion, increasing from $35.4-billion in February
(8:30 a.m. ET) Canada merchandise trade balance for March. Estimate is a deficit of $900-million, declining from $984-million in February.
(10 a.m. ET) U.S. nonmanufacturing ISM for April. Consensus is 56.2, down 0.3 from March.
(12:30 p.m. ET) Bank of Canada senior deputy governor Carolyn Wilkins speaks at Board of Trade of Metropolitan Montreal on "Liquid Markets for a Solid Economy"
Earnings include: Agrium; Akorn Inc.; Allstate Corp.; Bio-Techne Corp.; Brookfield Infrastructure Partners; CanWel; CenturyLink Inc.; Compugen Ltd; Datalink Corp.; Directv; Discovery Communications Inc.; Electronic Arts Inc.; Essential Energy; Estee Lauder Companies Inc.;First Capital Realty; Fortis; Fossil Grp Inc.; Frontier Commun Corp; Grpon Inc.; Gulfport Energy Corp.; Halcon Resources Corp.; Herbalife Ltd.; Hyatt Hotels Corp.; Iamgold; Kellogg Company; Keyera; Kinross Gold Corp.; Martinrea; Mylan N.V.; News Corp.; North American Energy; Office Depot Inc.; Papa John's Intl Inc.; Pason Systems; Pembina Pipeline Corp.; Pioneer Natural Resources; Qiagen Nv; Sabre Corp.; Savanna Energy; Sprint Corp.; Stuart Olson; Sun Life Fincl Inc.; Targa Resources Corp.; Timmins Gold; UBS Grp AG; Valero Energy Partners LP; Walt Disney Company; Weight Watchers Intl Inc.; Western Gas Equity Partners LP; WestJet; Zoetis Inc.
Wednesday, May 6
China HSBC services and composite PMI. Plus, Euro area services and composite PMI and retail sales
(8:15 a.m. ET) U.S. ADP national employment report for April. Consensus estimate is an increase of 185,000.
(8:30 a.m. ET) U.S. productivity for the first quarter. Consensus estimate is a decline of 1.6 per cent
(9:15 a.m. ET) U.S. Fed chair Janet Yellen speaks on a panel in Washington
(10 a.m. ET) Canada Ivey Purchasing Managers Index for April
(10:30 a.m. ET) EIA petroleum status report
Earnings include: 3D Syss Corp.; Alaris; Anheuser-Busch InBev; ANSYS Inc.; AuRico Gold;Brookfield Asset; Brookfield Renewable Energy Partners LP; Calloway REIT; Chesapeake Energy Corp.; Choice Hotels Intl Inc.; Continental Resources Inc.; Diamondback Energy Inc.; Enbridge Inc.; Enerflex; Energen Corp.; Finning; GlaxoSmithKline plc; Great Canadian Gaming; Great Panther; Husky Energy; Intact Financial; Keurig Green Mountain Inc.; Kronos Worldwide Inc.; Linamar; Loblaw Cos.; Marathon Oil Corp.; MetLife Inc.; Motorola Solutions Inc.; Nu Skin Enterp Inc ; Prudential Fincl Inc.; Quantum Corp.; Spectra Energy Corp; Sunoco LP; Talisman Energy Inc.; Tesla Motors Inc.; Thompson Creek; Torstar; Transocean Ltd.; TripAdvisor Inc.; TS03; Twenty-First Century Fox Inc.; Wendy's Company; Whole Foods Market Inc.; Xtreme Drilling
Thursday, May 7
Japan PMI; China trade balance. Plus, Euro area retail PMI
(8:30 a.m. ET) Canada building permits for March. Estimate is a 3.5 per cent increase from February.
(8:30 a.m. ET) U.S. initial jobless claims for week of May 2. Estimate is 277,000, an increase of 15,000 from the week of April 25.
Earnings include: Aeterna Zentaris; Alcatel-Lucent SA; Alibaba Grp Hldg; Ameren Corp.; Apache Corp.; Aramark; ArcelorMittal SA; Artis REIT; AutoCanada; Black Diamond; Bombardier; Calgon Carbon Corp.; Canadian Natural Resources Limited; CBS Corp.; CDW Corp.; Claude Resources; Cominar REIT; Cott Corp.; Crescent Point Energy Corp.; Dorel Industries; Extendicare; Fortress Paper; Gluskin Sheff; Great-West Lifeco; Houghton Mifflin Harcourt Company; HudBay; Hyperion Therapeutics Inc.; Industrial Alliance; ING Groep NV; Jazz Pharms Plc; Kemper Corp.; Liberty Global Plc; Magna Intl Inc.; Manitoba Telecom; Manulife Fincl Corp.; Molson Coors Brewing Co.; Monster Beverage Corp.; Norwegian Cruise Line Hldgs Ltd.; OGE Energy; Quebecor Inc.; Pengrowth Energy; Ritchie Bros.; Sierra Wireless; Silver Wheaton Corp.; SNC-Lavalin; Talisman; TELUS Corp.; Timbercreek; Time Inc; Western Forest; Westport Innovations; Zynga Inc.
Friday, May 8
(8:15 a.m. ET) Canada housing starts for April. Estimate is 185,000, a decline of 2.5 per cent.
(8:30 a.m. ET) Canada unemployment for April. Estimate is a decline of 15,000 jobs or 0.1 per cent from March
(8:30 a.m. ET) Canada unemployment rate for April. Estimate is 6.9 per cent, an increase of 0.1 per cent from March
(8:30 a.m. ET) Canada average hourly wages for April. Estimated to increase 2.0 per cent year over year
(8:30 a.m. ET) U.S. unemployment rate for April. Consensus is for a net gain of 220,000 jobs. The unemployment rate is forecast to be 5.4 per cent, a decline of 0.1 per cent from March
Earnings include: AOL Inc; Canadian Apartment; Cineplex Inc.; Crocs Inc.; De Longhi SpA; Enerplus; IGM Financial; Macquarie Group Ltd; NRG Energy Inc; Puma SE; TESCO Corp; Tribune Media Company; Webtech; Whistler Blackcomb Holdings Inc; Yellow Pages Ltd