Economic Calendar: Dec 12 – Dec 16
Monday December 12
China aggregate yuan financing and new loans
Japan machine tool orders
(8:30 a.m. ET) Canada’s national balance sheet and financial flow accounts for Q3.
(2 p.m. ET) U.S. budget balance for November.
(3:25 p.m. ET) Bank of Canada governor Tiff Macklem holds a fireside chat in Vancouver at the Business Council of British Columbia
Earnings include: Mainstreet Equity Corp.
Tuesday December 13
(8:30 a.m. ET) Canada’s new motor vehicle sales for October. Estimate is a year-over-year decline of 5.0 per cent.
(8:30 a.m. ET) U.S. CPI for November. The Street is projecting a rise of 0.3 per cent from October and 7.3 per cent year-over-year. That would be down from 0.4 per cent and 7.7 per cent, respectively, in the last monthly report.
Also: U.S. Fed meeting begins.
Earnings include: Transcontinental Inc.
Wednesday December 14
Japan core machine orders and industrial production
Euro zone industrial production
(8:30 a.m. ET) Canadian construction investment for October.
(8:30 a.m. ET) Canada’s manufacturing sales and new orders for October.
(8:30 a.m. ET) U.S. import prices for November. The Street expects a decline of 0.5 per cent from October but up 3.0 per cent year-over-year.
(2 p.m. ET) U.S. Fed announcement with chair Jerome Powell’s press briefing to follow.
Earnings include: Lennar Corp.
Thursday December 15
China industrial production, retail sales and fixed asset investment
Japan trade balance
Bank of England monetary policy announcement
(8:15 a.m. ET) Canadian housing starts for November. The Street is forecasting an annualized rate decline of 4.5 per cent.
(8:30 a.m. ET) U.S. initial jobless claims for week of Dec. 10. Estimate is 234,000, up 4,000 from the previous week.
(8:30 a.m. ET) U.S. retail sales for November. The Street expects a decline of 0.1 per cent from October.
(8:30 a.m. ET) U.S. Philadelphia Fed Index for December.
(9 a.m. ET) Canada’s existing home sales and average prices for November. Estimates are year-over-year declines of 39.0 per cent and 11.5 per cent, respectively.
(9 a.m. ET) Canada’s MLS Home Price Index for November. Estimate is a decline of 4.0 per cent year-over-year.
(9:15 a.m. ET) U.S. industrial production for November. Consensus is a rise of 0.1 per cent month-over-month with capacity utilization rising 0.1 per cent to 79.9 per cent.
(10 a.m. ET) U.S. business inventories for October.
Earnings include: Adobe Systems Inc.; Empire Co. Ltd.; Enghouse Systems Ltd.; Oracle Corp.
Friday December 16
Japan manufacturing and services PMI
Euro zone PMI and CPI
(8:30 a.m. ET) Canadian wholesale trade for October. Estimate is a month-over-month increase of 1.3 per cent.
(8:30 a.m. ET) Canada’s new housing price index for November. Estimate is a decline of 0.3 per cent from October but up 4.0 per cent year-over-year.
(8:30 a.m. ET) Canada’s international securities transactions for October.
Earnings include: Accenture PLC