Calendar: Dec 2 – Dec 6

Monday December 2

China PMI

Japan capital spending and manufacturing PMI

Euro zone jobless rate and manufacturing PMI

(9:30 a.m. ET) Canada’s S&P Global Manufacturing PMI for November.

(9:45 a.m. ET) U.S. S&P Global Manufacturing PMI for November.

(10 a.m. ET) U.S. ISM Manufacturing PMI for November.

(10 a.m. ET) U.S. construction spending for October. The Street is forecasting a rise of 0.2 per cent from September.

Also: Canadian and U.S. auto sales for November.

—

Tuesday December 3

(10 a.m. ET) U.S. Job Openings & Labor Turnover Survey for October.

Earnings include: Bank of Nova Scotia; Descartes Systems Group Inc.; Marvell Technology Inc.; Salesforce Inc.

—

Wednesday December 4

Japan and Euro zone services and composite PMI

(8:15 a.m. ET) U.S. ADP National Employment Report for November.

(8:30 a.m. ET) Canadian labour productivity for Q3. Estimate is a decline of 0.3 per cent from Q2.

(9:30 a.m. ET) Canada’s S&P Global Services PMI for November.

(9:45 a.m. ET) U.S. S&P Global Services/Composite PMI for November.

(10 a.m. ET) U.S. ISM Services PMI for November.

(10 a.m. ET) U.S. factory orders for October. Consensus is a gain of 0.3 per cent from September.

(1:45 p.m. ET) U.S. Fed chair Jerome Powell participates in a moderated discussion at the New York Times DealBook Summit.

(2 p.m. ET) U.S. Beige Book is released.

Earnings include: Dollarama Inc.; Dollar Tree Inc.; EQB Inc.; GameStop Corp.; National Bank of Canada; North West Co. Inc.; Royal Bank of Canada

—

Thursday December 5

Euro zone retail sales

Germany factory orders

(8:30 a.m. ET) Canada’s merchandise trade balance for October.

(8:30 a.m. ET) U.S. initial jobless claims for week of Nov. 30. Estimate is 215,000, up 2,000 from the previous week.

(8:30 a.m. ET) U.S. goods and services trade deficit for October.

(10 a.m. ET) U.S. Global Supply Chain Pressure Index for November.

(10 a.m. ET) Canada’s Ivey PMI for November.

Also: OPEC+ meeting

Earnings include: Bank of Montreal; Canadian Imperial Bank of Commerce; Dollar General Corp.; Hewlett Packard Enterprise Co.; Kroger Co.; Lululemon Athletica Inc.; Toronto-Dominion Bank

—

Friday December 6

China foreign reserves

Japan household spending

Euro zone real GDP

Germany industrial production and trade surplus

(8:30 a.m. ET) Canadian employment for November. The Street is expecting a gain of 0.1 per cent, or 27,500 jobs, from November with the unemployment rate rising 0.1 per cent to 6.6 per cent and average hourly wages rising 4.5 per cent year-over-year.

(8:30 a.m. ET) U.S. nonfarm payrolls for November. Consensus is a gain of 200,000 jobs from October with the unemployment rate rising 0.1 per cent to 4.2 per cent and average hourly wages up 0.3 per cent month-over-month and 3.9 per cent year-over-year.

(10 a.m. ET) U.S. University of Michigan Consumer Sentiment Index for December (preliminary reading).

(3 p.m. ET) U.S. consumer credit for October.

Earnings include: BRP Inc.; Canadian Western Bank; Laurentian Bank of Canada