A daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week ahead
Monday July 21
830 am ET: Canada industrial product price index and raw materials price index
10 am ET: U.S. leading indicator for June
1030 am ET: Bank of Canada business outlook survey and survey of consumer expectations for the second quarter
Earnings include: Verizon Communications, Steel Dynamics, Domino’s Pizza
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Tuesday July 22
830 am ET: Fed Chair Jerome Powell gives welcome remarks at regulatory conference
Earnings include: Coca-Cola, Danaher, Philip Morris International, Texas Instruments, Lockheed Martin, Sherwin-Williams, Northrop Grumman, Canadian National Railway, General Motors, D.R. Horton, Baker Hughes, Equifax, PulteGroup
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Wednesday July 23
Euro area consumer confidence
830 am ET: Canada new housing price index for June. BMO expects a decline of 0.9% from a year ago
10 am ET: U.S. existing home sales for June. Consensus is for a 0.7% decline
Earnings include: Alphabet, Tesla, IBM, AT&T, CME Group, Moody’s, General Dynamics, Chipotle Mexican Grill, CSX, Hilton Worldwide Holdings, Freeport-McMoran, Waste Connections, Suncor Energy, Whitecap Resources, Methanex, Las Vegas Sands, Rogers Communications, Wyndham Hotels & Resorts, Mattel, West Fraser Timber
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Thursday July 24
PMI data released across the globe
ECB monetary policy meeting
Business confidence readings in Germany and France
830 am ET: Canada retail sales for May. Consensus is for a 1% decline, or a drop of 0.2% excluding autos
830 am ET: Canada manufacturing sales for June
830 am ET: U.S. weekly initial jobless claims
945 am ET: S&P global PMIs
10 am ET: U.S. new home sales for June
Earnings include: Honeywell International, Intel, Union Pacific, Newmont, Nasdaq, Keurig Dr Pepper, Southwest Airlines, Nokia, Teck Resources, Weyerhaeuser, Ovintiv, American Airlines, FirstService, TransCanada, Loblaw, Cenovus Energy, TFI International, Canadian Utilities, Atco, Athabasca Oil, Mullen Group, Royal Caribbean Cruises
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Friday July 25
Business and consumer confidence readings released throughout Europe
Ottawa releases its budget balance
830 am ET: U.S. durable goods orders for June. Consensus is for a decline of 10.8%, but core orders are seen up 0.2%
Earnings include: Newell Brands