Calendar: Aug 17 – Aug 21

Monday August 17

China retail sales, industrial production and fixed asset investment

Japan real GDP and industrial production

(8:30 a.m. ET) Canadian CPI for July. The Street expects an increase of 0.5 per cent from June and up 3.0 per cent year-over-year.

(8:30 a.m. ET) Canadian new motor vehicle sales for June. Estimate is a year-over-year rise of 2.5 per cent.

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

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

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

(4 p.m. ET) U.S. TIC flows for June.

Earnings include: BHP Group Ltd.; New Found Gold Corp.


Tuesday August 18

(5 a.m. ET) Canada’s existing home sales and average prices for July. Estimates are year-over-year declines of 5.0 per cent and 1.5 per cent, respectively.

(5 a.m. ET) Canada’s MLS Home Price Index for July. Estimate is a decline of 3.5 per cent year-over-year.

(8:15 a.m. ET) Canadian housing starts for July. Estimate is an annualized rate rise of 4.6 per cent.

(8:15 a.m. ET) U.S. ADP Employment (4-week average change) for Aug. 1.

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

(8:30 a.m. ET) U.S. building permits for July. Consensus is an annualized rate decline of 0.3 per cent.

(8:30 a.m. ET) U.S. import prices for July. The Street is projecting a rise of 0.1 per cent from June and up 6.9 per cent year-over-year.

(9:15 a.m. ET) U.S. industrial production for July. Consensus is a month-over-month rise of 0.3 per cent with capacity utilization remaining 76.3 per cent.

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

Earnings include: Baidu Inc.; Home Depot Inc.; Northern Dynasty Minerals Ltd.; Seabridge Gold Corp.


Wednesday August 19

Japan core machine orders

Euro zone CPI and labour costs

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

(8:30 a.m. ET) Canada’s construction investment for June.

(2 p.m. ET) U.S. Fed minutes from June 28-29 meeting are released.

Earnings include: Analog Devices Inc.; Estee Lauder Companies Inc.; Lowe’s Companies Inc.; Target Corp.; TJX Companies Inc.


Thursday August 20

Japan trade deficit

(8:30 a.m. ET) Canada’s new housing price index for July. Estimate is a decline of 0.1 per cent from June and down 2.2 per cent year-over-year.

(8:30 a.m. ET) Canada’s industrial product and raw materials price indexes for July. Estimates are month-over-month declines of 0.5 per cent and 2.0 per cent, respectively.

(8:30 a.m. ET) U.S. initial jobless claims for week of Aug. 15. Estimate is 212,000, a gain of 3,000 from the previous week.

(8:30 a.m. ET) U.S. Philadelphia Fed Index for August.

(10 a.m. ET) U.S. leading indicator for July.

(10 a.m. ET) U.S. quarterly services survey for Q2.

Earnings include: AbraSilver Resource Corp.; Alibaba Group Holding Ltd.; Deere & Co.; Kraken Robotics Inc.; Ross Stores Inc.; Walmart Inc.


Friday August 21

Japan’s CPI and manufacturing and services PMI

Euro zone’s manufacturing and services PMI and consumer confidence

(8:30 a.m. ET) Canadian retail sales for June. Consensus is a month-over-month gain of 0.4 per cent.

(9:45 a.m. ET) U.S. S&P Global PMIs for August.

(10:30 a.m. ET) Bank of Canada’s Senior Loan Officer Survey for Q2.

Earnings include: Ubiquiti Networks Inc.

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