Economic Calendar Mar 14 – Mar 18, 2022

Monday March 14

(8:30 a.m. ET) Canadian construction investment for January.

(8:30 a.m. ET) Canadian new motor vehicle sales for January. Estimate is a rise of 0.5 per cent year-over-year.

Earnings include: Hardwoods Distribution Inc.; Pollard Banknote Ltd.

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Tuesday March 15

China industrial production, retail sales and fixed asset investment

Euro zone industrial production

(8:15 a.m. ET) Canadian housing starts for February. The Street is forecasting an annualized rate increase of 2.4 per cent.

(8:30 a.m. ET) Canada’s manufacturing sales and new orders for January. Estimates are month-over-month increases of 1.2 per cent and 1.5 per cent, respectively.

(8:30 a.m. ET) U.S. PPI final demand for February. Consensus is a rise of 0.9 per cent from January and up 9.9 per cent year-over-year.

(8:30 a.m. ET) U.S. Empire State Manufacturing Survey for March.

(9 a.m. ET) Canadian existing home sales for February. Estimate is a year-over-year decline of 7 per cent with average prices rising 20.5 per cent.

(9 a.m. ET) Canada’s MLS Home Price Index for February. Estimate is a rise of 28.0 per cent from the same period a year ago.

Earnings include: Alimentation Couche-Tard Inc.; Intertape Polymer Group Inc.

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Wednesday March 16

Japan trade balance and industrial production

(8:30 a.m. ET) Canada’s CPI for February. Consensus is a rise of 0.9 per cent from January and up 5.5 per cent year-over-year.

(8:30 a.m. ET) Canadian wholesale trade for January. Estimate is an increase of 3.5 per cent from December.

(8:30 a.m. ET) U.S. retail sales for February. The Street is projecting a rise of 0.4 per cent from January.

(8:30 a.m. ET) U.S. import prices for February. Consensus is a month-over-month increase of 1.5 per cent and up 11.2 per cent year-over-year.

(10 a.m. ET) U.S. NAHB Housing Market Index for March.

(10 a.m. ET) U.S. business inventories for January.

(2 p.m. ET) U.S. Fed announcement with chair Jerome Powell’s press briefing to follow.

Earnings include: Largo Resources Ltd.; Osisko Mining Corp.

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Thursday March 17

Japan core machine orders

Euro zone CPI

(8:30 a.m. ET) U.S. weekly initial jobless claims. Estimate is 218,000, down 9,000 from the previous week.

(8:30 a.m. ET) U.S. housing starts for February. Consensus is annualized rate rise of 3.8 per cent.

(8:30 a.m. ET) U.S. building permits for February.

(9:15 a.m. ET) U.S. industrial production and capacity utilization for February.

Earnings include: Badger Infrastructure Solutions Ltd.; Canoe EIT Income Fund; Endeavour Mining Corp.; MDA Ltd.; Nexus REIT; North West Company Inc.; Power Corp. of Canada

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Friday March 18

Japan CPI

Euro zone trade deficit and labour costs

(8:30 a.m. ET) Canadian retail sales for January. The Street is projecting a rise of 2.4 per cent from December.

(8:30 a.m. ET) Canada’s New Housing Price Index for February. Estimate is a rise of 2.5 per cent from January and 12.5 per cent year-over-year.

(10 a.m. ET) U.S. existing home sales for February. Consensus is an annualized rate drop of 5.0 per cent.

(10 a.m. ET) U.S. leading indicator for February. Estimate is a rise of 0.3 per cent from January.