Calendar
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday May 23
Japan trade balance, manufacturing purchasing managers' index (PMI), all-industry activity index and leading index.
Euro area PMI (manufacturing, services and composite) and consumer confidence.
(9:45 a.m. ET) U.S. Markit flash manufacturing PMI.
Canada – markets closed (Victoria Day)
Earnings include: 58.com Inc.; Nordson Corp.
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Tuesday May 24
Germany real GDP
Eu finance ministers meet in Brussels
(10 a.m. ET) U.S. new home sales for April. Consensus projection is an annualized rate increase of 1.8 per cent.
Earnings include: Autozone Inc.; Computer Sciences Corp.; Hewlett Packard Enterprise Co.; Intuit Inc.; Toll Brothers Inc.; Toro Oil & Gas Ltd.; Valspar Corp.
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Wednesday May 25
Germany consumer confidence and business climate
(8:30 a.m. ET) U.S. goods trade deficit for April. Estimate is $60-billion, up $3.1-billion from March.
(9 a.m. ET) U.S. FHFA House Price Index for March. Consensus is an increase of 0.4 per cent from February and 5.6 per cent year over year.
(10 a.m. ET) Bank of Canada policy announcement.
(10:30 a.m. ET) EIA petroleum status report.
Earnings include: Amerco; Bank of Montreal; Copart Inc.; Costco Wholesale Corp; Eaton Vance Corp.; Heroux-Devtek Inc.; HP Inc.; Lions Gate Entertainment Corp.; NetApp Inc.; PVH Corp.; Williams-Sonoma Inc.
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Thursday May 26
(8:30 a.m. ET) Canada Survey of Employment, Payrolls and Hours for March.
(8:30 a.m. ET) U.S. initial jobless claims for week of May 21. Estimate is 275,000, a decline of 3,000 from week of May 14.
(8:30 a.m. ET) U.S. durable goods orders for April. Consensus is an increase of 0.3 per cent from March and a 0.3-per-cent rise year over year.
(10 a.m. ET) U.S. pending home sales for April. Consensus is an increase of 0.7 per cent from previous month.
(10:30 a.m. ET) EIA natural gas report.
Earnings include: Abercrombie & Fitch Co.; Burlington Stores Inc.; Canadian Imperial Bank of Commerce; Descartes Systems Group Inc.; Dollar General Corp.; Dollar Tree Inc.; Patterson Companies Inc.; Royal Bank of Canada; Toronto-Dominion Bank.
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Friday May 27
Japan consumer price index (CPI)
China industrial profits
(8:30 a.m. ET) U.S. real GDP and GDP deflator for Q1 (preliminary). Consensus is annualized rate increases of 0.8 per cent and 0.7 per cent, respectively.
(8:30 a.m. ET) U.S. pre-tax corporate profits for Q1 (preliminary). Estimate is a decline of 6 per cent year over year.
(10:30 a.m. ET) U.S. Fed chair Janet Yellen interview during Radcliffe Day luncheon in Cambridge, Mass.
(1 p.m. ET) Baker-Hughes rig count.
Also: Canada budget balance for March