Economic Calendar: Jan 23 – Jan 27
Monday January 23
Euro zone consumer confidence
(8:30 a.m. ET) Canada’s new housing price index for December. Estimate is a decline of 0.2 per cent from November and a 3.7-per-cent increase year-over-year.
(10 a.m. ET) U.S. leading indicator for December. Estimate is a month-over-month dip of 0.7 per cent.
Earnings include: Baker Hughes Co.; Brown & Brown Inc.
Tuesday January 24
Japan and Euro zone PMI
Germany consumer confidence
Earnings include: Canadian National Railway Co.; Danaher Corp.; General Electric Co.; Johnson & Johnson; Lockheed Martin Corp.; Metro Inc.; Microsoft Corp.; Raytheon Technologies Corp.; Texas Instruments Inc.; Union Pacific Corp.; Verizon Communications Inc.; 3M Co.
Wednesday January 25
Germany business climate
(8:30 a.m. ET) Canadian manufacturing sales for December.
(10 a.m. ET) Bank of Canada’s policy announcement and monetary policy report with Governor Tiff Macklem’s press conference to follow.
Earnings include: Abbott Labratories; AT&T Inc.; Boeing Co.; Celestica Inc.; CSX Corp.; Freeport-McMoran Inc.; IBM; NextEra Energy Inc.; Novagold Resources Inc.; Tesla Inc.
Thursday January 26
Japan machine tool orders
(8:30 a.m. ET) Canada’s Survey of Employment, Payrolls and Hours for November.
(8:30 a.m. ET) Canadian wholesale trade for December.
(8:30 a.m. ET) U.S. GDP for Q4. The Street is expecting an annualized rate rise of 2.6 per cent.
(8:30 a.m. ET) U.S. durable goods and core orders for December. The consensus forecasts are a month-over-month rise of 2.9 per cent and a decline of 0.2 per cent, respectively.
(8:30 a.m. ET) U.S. goods trade deficit for December.
(8:30 a.m. ET) U.S. wholesale and retail inventories for December.
(8:30 a.m. ET) U.S. initial jobless claims for week of Jan. 21. Estimate is 210,000, up 20,000 from the previous week.
(10 a.m. ET) U.S. new home sales for December. The Street is projecting an annualized rate decline of 3.1 per cent.
Earnings include: Comcast Corp.; Dow Inc.; Intel Corp.; Mastercard Inc.; Nucorp Corp.; Visa Inc.
Friday January 27
(8:30 a.m. ET) U.S. personal spending for December. The Street is estimate a decline of 0.1 per cent from November with personal income rising 0.2 per cent.
(8:30 a.m. ET) U.S. Core PCE Price Index for December. Consensus is an increase of 0.3 per cent from November and up 4.4 per cent year-over-year.
(10 a.m. ET) U.S. pending home sales for December. Consensus is a decline of 1.0 per cent from November.
(10 a.m. ET) U.S. University of Michigan consumer sentiment for January.
Also: Ottawa’s budget balance for November.
Earnings include: Real Matters Inc.