Calendar: Aug 21 – Aug 25

Monday August 21, Germany producer prices (8:30 a.m. ET) Canada’s new housing price index for July. Estimate is an increase of 0.2 percent from June and down 0.6 percent year-over-year.

Earnings include: BHP Group Ltd ADR–

Tuesday August 22(10 a.m. ET) U.S. existing home sales for July. The Street is projecting an annualized rate decline of 0.3 per cent.

Earnings include: Canadian Solar Inc.; Lowe’s Companies Inc.; Macy’s Inc.; Medtronic PLC; Zoom Video Communications Inc.–

Wednesday August 23 Japan and Euro zone PMI(8:30 a.m. ET) Canadian retail sales for June. The Street expects a flat reading month-over-month (or down 0.3 per cent excluding automobiles).(9:45 a.m. ET) U.S. S&P Global PMIs for August.(10 a.m. ET) U.S. new home sales for July. Consensus is a rise of 1.4 per cent on an annualized rate basis.

Earnings include: Analog Devices Inc.; Autodesk Inc.; NetEase Inc.; Nvidia Inc.; Peloton Interactive Inc.–

Thursday August 24(8:30 a.m. ET) Canadian manufacturing sales for July.(8:30 a.m. ET) U.S. initial jobless claims for week of August 19. Estimate is 240,000, up 1,000 from the previous week.(8:30 a.m. ET) U.S. durable goods orders for July. The consensus forecast is a decline of 4.0 per cent month-over-month with core orders unchanged.(8:30 a.m. ET) U.S. Chicago Fed National Activity Index for July.(11 a.m. ET) U.S. Kansas City Fed Manufacturing Activity for August.

Earnings include: Canoe EIT; Dollar Tree Inc.; Foran Mining Corp.; Intuit Inc.; Royal Bank of Canada; Snowflake Inc.; Toronto-Dominion Bank; Workday Inc.–

Friday August 25Japan CPI and department store salesGermany GDP(8:30 a.m. ET) Canadian wholesale trade for July(10 a.m. ET) U.S. University of Michigan consumer sentiment for August. The Street expects a flat reading of 71.2 per cent month-over-month.(10:05 a.m. ET) U.S. Fed chair Jerome Powell speaks on the economic outlook at the Jackson Hole conference.Also: Ottawa’s budget balance for June.