Calendar: Apr 24 – Apr 28 , 2023

Monday April 24

Germany business climate

(8:30 a.m. ET) Canada’s new housing price index for March. Estimate is a decline of 0.2 per cent from February and unchanged year-over-year.

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

(8:30 a.m. ET) U.S. Chicago Fed National Activity Index for March.

Earnings include: Canadian National Railway Co.; Choice Properties REIT; Coca-Cola Co.

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Tuesday April 25

Japan department store sales

(9 a.m. ET) U.S. S&P CoreLogic Case-Shiller Home Price Index (20 city) for February. The Street is projecting a decline of 0.4 per cent from January and down 0.2 per cent year-over-year.

(9 a.m. ET) U.S. FHFA House Price Index for February. Consensus is a drop of 0.2 per cent from January and up 3.4 per cent year-over-year.

(10 a.m. ET) U.S. new home sales for March. The Street is forecasting an annualized rate decline of 1.3 per cent.

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

Earnings include: Aecon Group Inc.; Alphabet Inc.; Danaher Corp.; General Electric Co.; General Motors Co.; Halliburton Co.; McDonald’s Corp.; Microsoft Corp.; PepsiCo Inc.; Texas Instruments Inc.; United Parcel Service Inc.; Verizon Communications Inc.; Visa Inc.; West Fraser Timber Co. Ltd.; Winpak Ltd. 3M Co.

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Wednesday April 26

Germany consumer confidence

(8:30 a.m. ET) Canadian manufacturing sales for March.

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

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

(8:30 a.m. ET) U.S. durable and core orders for March. The Street expects month-over-month increases of 0.7 per cent and 0.2 per cent, respectively.

(1:30 p.m. ET) Bank of Canada summary of deliberations for April 12 decision.

Earnings include: Alamos Gold Inc.; Allied Properties REIT; AltaGas Ltd.; Boeing Co.; Canadian Pacific Kansas City; Celestica Inc.; Cenovus Energy Inc.; CGI Inc.; FirstService Corp.; Glencore ADR; Meta Platforms Inc.; Methanex Corp.; New Gold Inc.; Precision Drilling Corp.; Rogers Communications Inc.; Teck Resources Ltd.; Vale ADR; Waste Connections Inc.

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Thursday April 27

Bank of Japan monetary policy meeting (through Friday)

Euro zone economic and consumer confidence

(8:30 a.m. ET) Canada’s Survey of Employment, Payrolls and Hours for February.

(8:30 a.m. ET) U.S. initial jobless claims for week of April 22. Estimate is 250,000, up 5,000 from the previous week.

(8:30 a.m. ET) U.S. real GDP for Q1. Consensus is an annualized rate rise of 2.0 per cent.

(10 a.m. ET) U.S. pending home sales for March. The Street predicts an increase of 1.0 per cent from February.

Earnings include: Agnico Eagle Mines Ltd.; Amazon.com Inc.; Atco Ltd.; Bombardier Inc.; Bristol-Myers Squibb Co.; Canadian Utilities Ltd.; Caterpillar Inc.; Eldorado Gold Corp.; Eli Lilly & Co.; GFL Environmental Holdings Inc.; Gilead Sciences Inc.; Intel Corp.; Mastercard Inc.; Merck & Company Inc.; Newcrest Mining Ltd.; Newmont Goldcorp Corp.; Secure Energy Services Inc.; Whitecap Resources Inc.

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Friday April 28

Japan jobless rate, industrial production and retail sales

Euro zone and Germany GDP

(8:30 a.m. ET) Canada’s monthly real GDP. Consensus is an increase of 0.2 per cent from January.

(8:30 a.m. ET) U.S. personal spending for March. The Street expects a decline of 0.1 per cent with personal income rising 0.2 per cent.

(8:30 a.m. ET) U.S. Core PCE Price Index for March. Consensus is a rise of 0.3 per cent from February and up 4.5 per cent year-over-year.

(8:30 a.m. ET) U.S. Employment Cost Index for Q1. The Street is projecting an increase of 1.1 per cent from Q4 and up 4.8 per cent year-over-year.

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

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

Earnings include: Advantage Oil & Gas Ltd.; Cameco Corp.; Chevron Corp.; Colgate-Palmolive Co.; Exxon Mobil Corp.; First National Financial Corp.; TC Energy Corp.