Calendar: April 14 – April 18

Monday April 14

China trade surplus, aggregate yuan financing and new yuan loans

Japan industrial production

(8:30 a.m. ET) Canadian wholesale trade for February. Estimate is a month-over-month rise of 0.4 per cent (versus a gain of 1.2 per cent in January).

(8:30 a.m. ET) Canada’s new motor vehicle sales for February. Estimate is a year-over-year drop of 8.0 per cent.

Earnings include: Goldman Sachs Group Inc.; M&T Bank Corp.; PrairieSky Royalty Ltd.; Well Health Technologies Corp.

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Tuesday April 15

Euro zone industrial production

(8:30 a.m. ET) Canadian housing starts for March. Estimate is an annualized increase of 0.4 per cent.

(8:30 a.m. ET) Canada’s CPI for March. The Street projects a month-over-month gain of 0.7 per cent an a year-over-year rise of 2.7 per cent.

(8:30 a.m. ET) Canaa’s manufacturing sales and new orders for February. Estimates are month-over-month declines of 0.2 per cent and 0.5 per cent, respectively.

(8:30 a.m. ET) U.S. import prices of March. Consensus is a flat reading from February and up 1.4 per cent year-over-year.

(8:30 a.m. ET) U.S. Empire State Manufacturing Survey for April.

(9 a.m. ET) Canada’s existing home sales and average prices for March. Estimates are year-over-year drops of 10.0 per cent and 1.5 per cent, respectively.

(9 a.m. ET) Canada’s MLS Home Price Index for March. Estimate is a decline of 1.5 per cent year-over-year.

Earnings include: Bank of America Corp.; Citigroup Inc.; Groupe Dynamite Inc.; Johnson & Johnson; PNC Financial Services Group Inc.; Rio Tinto ADR; United Airlines Holdings Inc.

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Wednesday April 16

China GDP, industrial production, retail sales and fixed asset investment

Japan core machine orders

Euro zone CPI

(8:30 a.m. ET) U.S. retail sales for March. Consensus is a gain of 1.4 per cent from February (or 0.4 per cent excluding automobiles)

(9:15 a.m. ET) U.S. industrial production and capacity utilization for March.

(9:45 a.m. ET) Bank of Canada policy announcement and Monetary Policy Report with press conference to follow.

(10 a.m. ET) U.S. NAHB Housing Market Index for April.

(10 a.m. ET) U.S. business inventories for February.

(1:30 p.m. TE) U.S. Fed Chair Jerome Powell speaks to the Economic Club of Chicago.

(8 p.m. ET) Canada’s federal leaders debate (French)

Earnings include: Abbott Laboratories; Alcoa Corp.; BHP Group Ltd. ADR; CSX Corp.; Kinder Morgan Inc.; Metro Inc.; Progressive Corp.; Prologis Inc.; U.S. Bancorp.

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Thursday April 17

Japan trade surplus

ECB monetary policy meeting

(8:30 a.m. ET) Canada’s international securities transactions for February.

(8:30 a.m. ET) Canada’s household and mortgage credit for February.

(8:30 a.m. ET) U.S. initial jobless claims for week of April 12. Estimate is 226,000, up 3,000 from the previous week.

(8:30 a.m. ET) U.S. housing starts for March. Consensus is an annualized rate decline of 5.4 per cent.

(8:30 a.m. ET) U.S. building permits for March. Consensus is an annualize rate drop of 0.6 per cent.

(7 p.m. ET) Canada’s federal leaders debate (English)

Earnings include: Blackstone Inc.; Charles Schwab Corp.; DR Horton Inc.; Hermes International SA; L’Oreal ADR; Taiwan Semiconductor Manufacturing Corp. Ltd.; Truist Financial Corp.; UnitedHealth Group Inc.

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Friday April 18

Japan CPI

Euro zone markets closed

Canadian markets closed

U.S. stock markets closed with limited bond market activity