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Calendar
Monday June 21
(8:30 a.m. ET) U.S. Chicago Fed National Activity Index for May.
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Tuesday June 22
Japan department store sales and machine tool orders
Euro zone consumer confidence
(8:30 a.m. ET) U.S. existing home sales for May. The Street is projecting an annualized rate decline of 2.4 per cent.
(2 p.m. ET) U.S. Fed Chair Jerome Powell appears before Congressional hearing on COVID-19.
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Wednesday June 23
Euro zone and Japan PMI
(8:30 a.m. ET) Canadian retail sales for April. The Street is forecasting a decline of 5 per cent from March.
(8:30 a.m. ET) U.S. current account deficit for Q1. Consensus is US$207-billion, up from US$188.5-billion in Q4.
(9:45 a.m. ET) U.S. Markit PMIs for June (preliminary reading).
(10 a.m. ET) U.S. new home sales for May. Consensus is an increase of 1.4 per cent from April.
Earnings include: Empire Company Ltd.; IHS Markit Ltd.; Uranium Participation Corp.
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Thursday June 24
EBC Economic Bulletin is released
Germany ifo Business Climate
(8:30 a.m. ET) Canada’s Survey of Employment, Payrolls and Hours for April
(8:30 a.m. ET) Canadian wholesale trade for May.
(8:30 a.m. ET) Canadian manufacturing sales for May.
(8:30 a.m. ET) U.S. initial jobless claims for week of June 19. Estimate is 380,000, down 32,000 from the previous week.
(8:30 a.m. ET) U.S. real GDP and GDP Deflator for Q1. Consensus forecasts are annualized rate increases of 6.4 per cent and 4.3 per cent, respectively.
(8:30 a.m. ET) U.S. pre-tax corporate profits for Q1. Consensus is a rise of 12.7 per cent year-over-year.
(8:30 a.m. ET) U.S. goods trade deficit for May. Estimate is US$87.7-billion, up from US$85.7-billion in April.
(8:30 a.m. ET) U.S. wholesale and retail inventories for May.
(8:30 a.m. ET) U.S. durable goods orders for May. The Street is projecting an increase of 3.0 per cent from April.
(4:30 p.m. ET) U.S. Fed Bank Street Test results are release.
Earnings include: Accenture PLC; BlackBerry Ltd.; FedEx Corp.; Nike Inc.
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Friday June 25
Germany consumer confidence
Euro Zone money supply
(8:30 a.m. ET) U.S. personal spending for May. Consensus is a rise of 0.3 per cent from April.
(8:30 a.m. ET) U.S. personal income for May. The Street estimates a decline of 2.8 per cent from the previous month.
(8:30 a.m. ET) U.S. Core PCE Price Index for May. Consensus is a rise of 0.6 per cent from April and up 3.5 per cent year-over-year.
(10 a.m. ET) U.S. University of Michigan Consumer Sentiment for June. Estimate is 86.5, up from 82.9 in May.