Calendar: Feb 27 – Mar 3

Monday February 27

Euro zone consumer and economic confidence

(8:30 a.m. ET) Canada’s current account balance of Q4.

(8:30 a.m. ET) U.S. durable and core orders for January. The Street is projecting month-over-month declines of 3.9 per cent and 0.1 per cent, respectively.

(10 a.m. ET) U.S. pending home sales for January. Consensus is an increase of 1.0 per cent from December.

(10:30 a.m. ET) U.S. Dallas Fed Manufacturing Activity for February.

Earnings include: Ivanhoe Mines Ltd.; Li Auto Inc.; MEG Energy Corp.; NexGen Energy Ltd.; Occidental Petroleum Corp.; Ovintiv Inc.; Workday Inc.

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Tuesday February 28

Japan industrial production and retail sales

(8:30 a.m. ET) Canadian real GDP for Q4. The Street expects an annualized rate rise of 1.5 per cent.

(8:30 a.m. ET) Canada’s monthly GDP for December. Consensus is flat from November.

(8:30 a.m. ET) U.S. goods trade deficit for January.

(8:30 a.m. ET) U.S. wholesale and retail inventories for January.

(9 a.m. ET) U.S. S&P CoreLogic Case-Shiller Home Price Index (20 city) for December. The Street is forecasting a decline of 0.5 per cent month-over-month and rise of 4.8 per cent year-over-year.

(9 a.m. ET) U.S. FHFA House Price Index for December. Consensus is a drop of 0.2 per cent from November but up 6.5 percent year-over-year.

(9:45 a.m. ET) U.S. Chicago PMI for February.

(10 a.m. ET) U.S. Conference Board Consumer Confidence Index for February.

Also: Alberta and B.C. budgets and Canada’s Capital Expenditures Survey for 2023.

Earnings include: Bank of Montreal; Bank of Nova Scotia; Canfor Corp.; First National Financial Corp.; George Weston Ltd.; Green Thumb Industries Inc.; Laurentian Bank of Canada; Target Corp.; Winpak Ltd.

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Wednesday March 1

China, Japan and Euro zone manufacturing PMI

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

(10 a.m. ET) U.S. construction spending for January.

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

Earnings include: Capital Power Corp.; Descartes Systems Group Inc.; Kinaxis Inc.; Lowe’s Companies Inc.; National Bank of Canada; Royal Bank of Canada; Salesforce Inc.; Tamarack Valley Energy Ltd.; Tricon Capital Group Inc.

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Thursday March 2

Japan capital spending and consumer confidence

Euro zone CPI and jobless rate

(8:30 a.m. ET) U.S. initial jobless claims for week of Feb. 25. Estimate is 197,000, up 5,000 from the previous week.

(8:30 a.m. ET) U.S. productivity for Q4. The Street expects an annualized rate rise of 2.6 per cent with unit labour costs up 1.4 per cent.

Earnings include: AltaGas Ltd.; Atco Ltd.; Broadcom Inc.; Canadian Natural Resources Ltd.; Canadian Utilities Ltd.; Canadian Western Bank; Chartwell Retirement Residences; Costco Wholesale Corp.; Crescent Point Energy Corp.; Curaleaf Holdings Inc.; E-L Financial Corp. Ltd.; Freehold Royalties Ltd.; Parkland Fuel Corp.; Secure Energy Services Inc.; Storage Vault Canada Inc.; Toronto-Dominion Bank

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Friday March 3

China, Japan and Euro zone services PMI

Germany trade surplus

(8:30 a.m. ET) Canadian labour productivity for Q4. Estimate is flat from Q3.

(8:30 a.m. ET) Canadian building permits for January. Estimate is a month-over-month increase of 1.0 per cent.

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

Earnings include: SNC-Lavalin Group Inc.