WHAT YOU NEED TO KNOW FOR THE WEEK AHEAD
MONDAY
Japan and Euro zone industrial production Canada’s manufacturing sales and new orders for April. Analyst estimates are declines of 1.2 per cent and 1.4 per cent, respectively, from March.
Canada’s new motor vehicle sales for April. Estimate is a rise of 255 per cent year-over-year.
Earnings include: Hexo Corp.; Major Drilling Group International Inc.
TUESDAY
China foreign direct investment
Euro-zone trade surplus
Germany consumer price index
Canadian housing starts for May. Estimate is annualized rate decline of 1.4 per cent.
Canada’s industrial product price index for May. Estimate is a month-over-month rise of 1 per cent.
U.S. retail sales for May. The Street expects a decline of 0.6 per cent from April (or a rise of 0.4 per cent excluding automobiles).
U.S. PPI Final Demand for May. Consensus is a rise of 0.5 per cent from April and 6.2 per cent year-over-year.
Canada’s existing home sales and average prices for May. Estimates are year-over-year jumps of 105 per cent and 40 per cent, respectively.
Canada’s MLS Home Price Index for May. Estimate is an increase of 25 per cent year-over-year.
U.S. industrial production for May. Consensus is an increase of 0.6 per cent from April.
U.S. business inventories for April. The Street is forecasting a decline of 0.1 per cent from March.
Earnings include: Oracle Corp.
WEDNESDAY
China retail sales, industrial production and fixed asset investment
Japan trade balance and core machine tool orders Canada’s CPI for May. Estimate is an increase of 0.5 per cent from April and up 3.6 per cent year-over-year.
Canadian wholesale trade for April. Estimate is a decline of 1 per cent from March.
U.S. housing starts for May. Consensus is an annualized rate rise of 4.5 per cent.
U.S. building permits for May. Consensus is an annualized rate decline of 0.2 per cent.
U.S. import prices for May. The Street expects an increase of 0.8 per cent from April and 10.9 per cent year-over-year.
U.S. Fed announcement and summary of economic projections with Chair Jerome Powell’s press briefing to follow.
Bank of Canada Governor Tiff Macklem appears before the Senate committee on banking, trade and commerce.
Earnings include: Andrew Peller Ltd.; Lennar Corp.
THURSDAY
Euro-zone CPI
Canada’s international securities transactions for April U.S. initial jobless claims for week of June 12. Estimate is 360,000, down 16,000 from the previous week.
U.S. Philadelphia Fed Index for June
U.S. leading indicator for May. Estimate is an increase of 1.3 per cent from April.
Earnings include: Adobe Systems Inc.
FRIDAY
Japan CPI
Canada’s new housing price index for May. Estimate is an increase of 1.6 per cent from April and 11.5 per cent year-over-year.
Canada’s household and mortgage credit for April
REPORT ON BUSINESS / GLOBE INVESTOR
en-ca
2021-06-14T07:00:00.0000000Z
2021-06-14T07:00:00.0000000Z
https://globe2go.pressreader.com/article/282041920077786
Globe and Mail