Calendar: What investors need to know for the week ahead

Monday November 29

Japan retail sales

Euro zone economic and consumer confidence

Germany CPI and retail sales

(8:30 a.m. ET) Canada’s current account balance for Q3.

(8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for October. Estimates are increases of 1.3 per cent and 4.0 per cent, respectively, from September.

(10 a.m. ET) U.S. pending home sales for October. The Street is forecasting a rise of 0.8 per cent from September.

(2 p.m. ET) Bank of Canada Governor Tiff Macklem makes opening remarks at the 2021 Symposium on Indigenous Economies (videoconference).

(3:05 p.m. ET) U.S. Fed Chair Jerome Powell makes opening remarks at New York Fed Innovation Event.

Tuesday November 30

China manufacturing, non-manufacturing and composite PMI

Japan jobless rate and industrial production

Euro zone CPI

Germany unemployment

(8:30 a.m. ET) Canada’s real GDP for Q3. The Street expects an annualized rate rise of 3.2 per cent.

(8:30 a.m. ET) Canada’s monthly GDP for September. Consensus is unchanged from August.

(9 a.m. ET) U.S. S&P Case-Shiller Home Price Index (20-city) for September. The consensus projection is a rise of 1.3 per cent from August and up 19.6 per cent year-over-year.

(9 a.m. ET) U.S. FHFA House Price Index for September. Consensus is a rise of 1.3 per cent from August and 18.2 per cent from the same period a year ago.

(9:45 a.m. ET) U.S. Chicago PMI for November.

(10 a.m. ET) U.S. Conference Board Consumer Confidence Index. Estimate is a reading of 110.8, down from 113.8 in October.

(10 a.m. ET) U.S. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen testify on the CARES Act to the Senate Banking Committee

Earnings include: Bank of Nova Scotia; Hewlett Packard Enterprise Co.; Salesforce.com Inc.

Wednesday December 1

China Caixin manufacturing PMI

Japan capital spending and manufacturing PMI

Euro zone manufacturing PMI

(8:15 a.m. ET) U.S. ADP National Employment Report for November.

(8:30 a.m. ET) Canadian building permits for October. Estimate is flat month-over-month

(9:30 a.m. ET) Canada’s Markit manufacturing PMI for November.

(9:45 a.m. ET) U.S Markit manufacturing PMI for November.

(10 a.m. ET) U.S. ISM manufacturing PMI for November. Consensus is a reading of 61.0, up from 60.8 in October.

(10 a.m. ET) U.S. construction spending for October. The Street expects a rise of 0.5 per cent from September.

(10 a.m. ET) U.S. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen testify on the CARES Act to the House Financial Services Committee

Also: Canadian auto sales for November.

Earnings include: BRP Inc.; Descartes Systems Group Inc.; Dentalcorp Holdings Ltd.; National Bank of Canada; NEO Lithium Inc.; Royal Bank of Canada; Snowflake Inc.

Thursday December 2

Japan consumer confidence

Euro zone jobless rate and producer price index

(8:30 a.m. ET) U.S. initial jobless claims for week of Nov. 27. Estimate is 250,000, up 51,000 from the previous week.

Also: OPEC+ meeting

Earnings include: Canadian Imperial Bank of Commerce; Dollar General Corp.; Kroger Co.; Major Drilling Group International; Marvell Technology Group Ltd.; Toronto-Dominion Bank

Friday December 3

China and Japan services and composite PMI

Euro zone services and composite PMI and retail sales

(8:30 a.m. ET) Canadian employment for November. The Street expects a rise of 0.2 per cent, or 40,000 jobs, from October with the unemployment rate falling 0.1 per cent to 6.6 per cent.

(8:30 a.m. ET) Canadian labour productivity for Q3. Consensus is a decline of 0.8 per cent from Q2.

(8:30 a.m. ET) U.S. nonfarm payrolls for November. Consensus is an increase of 550,000 from October with the unemployment rate declining 0.1 per cent to 4.5 per cent.

(8:30 a.m. ET) U.S. average hourly earnings for November. The Street expects a rise of 0.4 per cent from October and 5.0 per cent year-over-year.

(9:45 a.m. ET) U.S. Markit services/composite PMI for November.

(10 a.m. ET) U.S. factory orders for October. Estimate is an increase of 0.5 per cent month-over-month.

(10 a.m. ET) U.S. ISM services PMI for November.

Earnings include: Bank of Montreal; Canadian Western Bank; DocuSign Inc.