Calendar
A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday, Feb. 23
Germany releases its Ifo survey.
(10 a.m ET) U.S. existing home sales for January. Consensus is for a 1.6 per cent drop to an annual rate of 4.96 million.
Earnings include: Agrium; Express Scripts; First Majestic Silver; HSBC Holdings; Nautilus; CT REIT; PrairieSky.
Tuesday, Feb .24
Euro area releases consumer price index and Germany releases its final reading on fourth-quarter GDP.
(9 a.m. ET) S&P Case-Shiller Home Price Index for December. Consensus is for a 4.3 per cent year over year rise.
(10 a.m. ET) Fed Chair Yellen's semi-annual monetary policy testimony to the Senate Banking Committee.
(10 a.m. ET) U.S. Conference Board consumer confidence index. Consensus is for 99.5.
(2 p.m. ET) Bank of Canada Governor Poloz speaks at Western University in London and holds 315 p.m. news conference.
Earnings include: Bank of Montreal; Comcast; Cott; Domino's Pizza; Dynegy; First Solar; Hertz Global Holdings; Hewlett-Packard; Home Depot; Macy's; Office Depot; Valeant; 5N Plus; Altus Group; Choice Properties; Equitable Group; First National; Kinaxis.
Wednesday, Feb. 25
Chinese markets reopen after Lunar New Year holidays. HSBC manufacturing PMI for China will be released.
(10 a.m. ET) Fed Chair Yellen's semi-annual monetary policy testimony to the House Financial Services Committee.
(10 a.m. ET) U.S. new home sales for January. Consensus is for a 2.3 per cent fall to an annualized rate of 470,000.
Earnings include: Ballard Power Systems; Bill Barrett; Campbell Soup; Chesapeake Energy; Dollar Tree; Encana; Liberty Media; Lowe's Companies; Magna International; Royal Bank of Canada; SodaStream International; Target; TC Pipelines; Transocean; TJX Cos.; Western Gas Partners; Workday; Calfrac Well; Clearwater Seafoods; Extendicare; MacDonald Dettwiler; National Bank of Canada; Sears Canada; Tricon Well.
Thursday, Feb. 26
Euro area releases economic confidence, M3 money supply; Germany releases February unemployment and GfK consumer confidence. Italy releases December retail sales and the U.K. fourth-quarter GDP.
(830 a.m. ET) Canada releases consumer price index for January. Consensus is for a 0.7 per cent rise from a year earlier, or a decline of 0.4 per cent from December. Core CPI is forecast to rise 2.0 per cent from a year ago.
(830 a.m. ET) U.S. initial jobless claims for last week. It's forecast to rise 7,000 to 290,000.
(830 a.m. ET) U.S. consumer price index for January. It's forecast to fall 0.1 per cent from a year ago. Exluding food and energy, it's expected to rise 1.6 per cent.
(830 a.m. ET) U.S. durable goods orders, excluding transportation, for January. It's forecast to rise 0.5 per cent.
(9 a.m. ET) U.S. FHFA house price index. Consensus is for a 4.9 per cent year-over-year increase.
Earnings include: AMC Networks; Ambev; Anheuser-Busch; Autodesk; Canadian Imperial Bank of Commerce; Catamaran; Gap; Herbalife; J.C. Penney; Kohl's; L Brands; Main Street Capital; Marriott Vacations Worldwide; Monster Beverage; North Atlantic Drilling; Pembina Pipeline; Pengrowth Energy; Ritchie Bros. Auctioneers; Seadrill; Sempra Energy; Toronto-Dominion Bank; Weight Watchers International; AltaGas; Artis REIT; Canam Group; Canadian Tire; Canam Group; CCL Industries; Chartwell; Cominar; Crombie REIT; Enerflex; Laurentian Bank of Canada; Loblaw Cos.; Maple Leaf Foods; Progressive Waste Solutions; Ritchie Bros.; Stantec.
Friday, Feb. 27
Japan January industrial production, inflation, retail sales and jobless rate.
Germany and Italy release inflation numbers for February, while France reveals consumer spending and producer price index.
Ottawa releases its budget balance.
(830 a.m. ET) U.S. real GDP for the fourth quarter. Consensus is for a 2.1 per cent rise when annualized.
(10 a.m. ET) University of Michigan consumer sentiment. Consensus is for a reading of 94.01.
(10 a.m. ET) U.S. pending home sales. Consensus is for a 2.2 per cent rise.
Earnings include: Aimia.