Calendar: Aug 15 – Aug 29

Monday August 25

U.K. markets closed

Germany business climate

(10 a.m. ET) U.S. new home sales for July. The Street expects an annualized rate rise of 1.3 per cent.

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Tuesday August 26

(8:30 a.m. ET) Canada’s manufacturing sales for July.

(8:30 a.m. ET) Canadian wholesale trade for July.

(8:30 a.m. ET) U.S. durable orders for July. Consensus is a month-over-month decline of 4.0 per cent with core orders rise of 0.3 per cent.

(9 a.m. ET) U.S. S&P CoreLogic Case-Shiller Home Price Index (20 city) for June. Consensus is a decline of 0.1 per cent from May but up 1.9 per cent year-over-year.

(9 a.m. ET) U.S. FHFA House Price Index for June. The Street expects a flat reading month-over-month and a gain of 2.7 per cent year-over-year.

(10 a.m. ET) U.S. Conference Board Consumer Confidence Index for August.

(2:30 a.m. ET) Bank of Canada governor Tiff Macklem speaks at the Bank of Mexico’s 100th anniversary seminar.

Earnings include: Bank of Montreal and Bank of Nova Scotia

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Wednesday August 27

China industrial profits

Germany consumer confidence

Earnings include: CrowdStrike Holdings Inc.; Dollarama Inc.; EQB Inc.; National Bank of Canada; Nvidia Corp.; Royal Bank of Canada

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Thursday August 28

Euro zone economic and consumer confidence

(8:30 a.m. ET) Canada’s current account balance for Q2.

(8:30 a.m. ET) Canada’s payroll survey: job vacancy rate for June.

(8:30 a.m. ET) U.S. initial jobless claims for week of Aug. 23. Estimate is 229,000, a decline of 6,000 from the previous week.

(8:30 a.m. ET) U.S. real GDP and GDP price index for Q2. Consensus projections are annualized rate increases of 3.1 per cent and 2.0 per cent, respectively.

(10 a.m. ET) U.S. pending home sales for July.

Earnings include: Alibaba ADR; Canadian Imperial Bank of Commerce; Dell Technologies Inc.; Lululemon Athletica Inc.; Toronto-Dominion Bank

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Friday August 29

Japan jobless rate, industrial production, retail sales and consumer confidence

Germany’s retail sales, CPI and unemployment

ECB’s three-year CPI expectations

(8:30 a.m. ET) Canada’s real GDP for Q2. The Street expects an annualized rate decline of 0.5 per cent with monthly real GDP rising 0.2 per cent from May.

(8:30 a.m. ET) U.S. personal spending and personal income for July. The consensus forecasts are month-over-month gains of 0.5 per cent and 0.4 per cent, respectively.

(8:30 a.m. ET) U.S. core PCE price index for July. Consensus is a gain of 0.3 per cent from June and up 2.9 per cent year-over-year.

(8:30 a.m. ET) U.S. goods trade deficit for July.

(8:30 a.m. ET) U.S. wholesale and retail inventories for July.

(9:45 a.m. ET) U.S. Chicago PMI for August.

(10 a.m. ET) U.S. University of Michigan Consumer Sentiment for August.

Also: Ottawa’s budget balance for June.

Earnings include: BRP Inc.; Laurentian Bank of Canada