Economic Calendar: Dec 12 – Dec 16

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.

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Tuesday December 13

Germany CPI

(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.

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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.

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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.

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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