Calendar: DEc 9 – Dec 13

Monday December 9

China CPI, PPI, aggregate yuan financing, new yuan loans, trade surplus and foreign reserves

Japan real GDP and bank lending

(10 a.m. ET) U.S. wholesale inventories for October.

Earnings include: North West Co. Inc.

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Tuesday December 10

Japan machine tool orders

Germany CPI

(6 a.m. ET) U.S. NFIB Small Business Economic Trends Survey for November.

(8:30 a.m. ET) U.S. productivity and unit labor costs for Q3. The Street is forecasting annualized rate increases of 2.2 per cent and 1.4 per cent, respectively.

Earnings include: AutoZone Inc.; Evertz Technologies Ltd.

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Wednesday December 11

(8:30 a.m. ET) U.S. CPI for November. The consensus projection is a rise of 0.3 per cent from October and 2.8 per cent year-over-year.

(9:45 a.m. ET) Bank of Canada policy announcement with press conference to folllow.

(2 p.m. ET) U.S. budget balance for November.

Earnings include: Adobe Systems Inc.; Lennar Corp.; Macy’s Inc.; TerraVest Industries Inc.; Transcontinental Inc.

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Thursday December 12

ECB monetary policy meeting

Germany trade surplus

(8:30 a.m. ET) Canada’s national balance sheet and financial flow accounts for Q3.

(8:30 a.m. ET) Canadian building permits for October.

(8:30 a.m. ET) U.S. initial jobless claims for week of Dec. 7. Estimate is 220,000, down 4,000 from the previous week.

(8:30 a.m. ET) U.S. PPI Final Demand for November. Consensus is a rise of 0.3 per cent from October and up 2.7 per cent year-over-year.

(10 a.m. ET) U.S. quarterly services survey for Q3.

Earnings include: Broadcom Inc.; Costco Wholesale Corp.; Empire Co. Ltd.; Enghouse Systems Ltd.; Oracle Corp.

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Friday December 13

Japan large manufacturing outlook and industrial production

U.K. consumer confidence, GDP, industrial production and trade deficit

(8:30 a.m. ET) Canada’s capacity utilization for Q3.

(8:30 a.m. ET) Canada’s manufacturing sales and new orders. Estimates are month-over-month increases of 1.3 per cent and 1.5 per cent, respectively.

(8:30 a.m. ET) Canadian wholesale trade for October. Estimate is a gain of 0.5 per cent from October.

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

(8:30 a.m. ET) U.S. import prices for November. The Street is projecting a decline of 0.2 per cent from October and a rise of 1.0 per cent year-over-year.

Earnings include: Wall Financial Corp.