Calendar: What investors need to know for the week ahead

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Monday January 20

U.S. markets closed (Martin Luther King Jr. Day)

Japan industrial production

Germany producer price index

Also: World Economic Forum in Davos (through Jan. 24)

Earnings include: People Corp.

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Tuesday January 21

Japan department store sales

Germany ZEW Survey

(8:30 a.m. ET) Canadian manufacturing sales and orders for November.

Earnings include: Charles Schwab Corp.; Comerica Inc.; Haliburton Co.; International Business Machines; Illinois Tool Works Inc.; Neptune Wellness Solutions Inc.; Netflix Inc.; Progressive Corp.; United Airlines Holdings Inc.; VF Corp.

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Wednesday January 22

(8:30 a.m. ET) Canada’s consumer price index for December. The consensus on the Street is flat from the previous month and up 2.2 per cent year-over-year.

(8:30 a.m. ET) Canadian wholesale trade for November. Estimate is a decline of 0.5 per cent from October.

(8:30 a.m. ET) Canada's New Housing Price Index for December. Estimate is flat from November and down 0.1 per cent year-over-year.

(9 a.m. ET) U.S. FHFA House Price Index for November. Consensus is up 0.3 per cent from October and 4.8 per cent year-over-year.

(10 a.m. ET) Bank of Canada policy announcement

(10 a.m. ET) Bank of Canada Monetary Policy Report is released

(10 a.m. ET) U.S. existing home sales for December. Consensus is an annualized rate rise of 1.5 per cent.

Earnings include: AGF Management Inc.; Amphenol Corp.; Crown Castle International Corp.; Discover Financial Services; General Dynamics Corp.; Johnson & Johnson; Lam Research Corp.; Norfolk Southern Corp.; NovaGold Resources Inc.; Rogers Communications Inc.; Score Media and Gaming Inc. ; United Technologies Corp.

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Thursday January 23

Japan trade deficit, all-industry activity index and machine tool orders

Euro zone consumer confidence

(8:30 a.m. ET) U.S. initial jobless claims for week of Jan. 18. Estimate is 214,000, up 10,000 from the previous week

(10 a.m. ET) U.S. leading indicator (and revisions) for December. Consensus is a decline of 0.2 per cent from November.

Earnings include: American Electric Power Company Inc.; Capital One Financial Corp.; Comcast Corp.; Intel Corp.; Intuitive Surgical Inc.; Kimberly-Clark Corp.; Lockheed Martin Corp.; Microsoft Corp.; Starbucks Corp.; Texas Instruments Inc.; The Travelers Companies Inc.; Union Pacific Corp.; Western Digital Corp.

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Friday January 24

Japan consumer price index and PMI

Euro zone PMI

China markets closed

(8:30 a.m. ET) Canadian retail sales for November. The Street expects an increase of 0.5 per cent from October.

(9:45 a.m. ET) U.S. Markit Manufacturing PMI

Earnings include: Abbott Laboratories; Air Products and Chemicals Inc.; American Airlines Group Inc.; American Express Co.; Freeport-McMoran Copper & Gold Inc.; Raytheon Co.; eBay Inc.