Economic Calendar: July 11

Economic Calendar: July 11

Monday July 11

China CPI, PPI, aggregate yuan financing, new yuan loans and money supply

Japan core machine and tool orders

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Tuesday July 12

China trade surplus

Germany ZEW economic sentiment survey

(6 a.m. ET) U.S. NFIB small business economic trends survey for June.

Earnings include: PepsiCo Inc.

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Wednesday July 13

Euro zone industrial production

Germany CPI

(8:30 a.m. ET) Canada’s census household data for 2021

(8:30 a.m. ET) U.S. CPI for June. The Street is projecting an increase of 1.1 per cent from May and up 8.8 per cent year-over-year.

(10 a.m. ET) Bank of Canada policy announcement and monetary policy report (with press conference to follow).

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

Earnings include: Cogeco Inc.; Cogeco Communications Inc.; Delta Air Lines Inc.; Progressive Corp.

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Thursday July 14

Japan industrial production

(8:30 a.m. ET) Canada’s manufacturing sales and new orders for May. Estimates are declines of 2.5 per cent and 3.0 per cent from April, respectively.

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

(8:30 a.m. ET) U.S. initial jobless claims for week of July 9. Estimate is 235,000, unchanged from the previous week.

(8:30 a.m. ET) U.S. PPI Final Demand for June. Consensus is a rise of 0.8 per cent from May and 10.8 per cent year-over-year.

Earnings include: Cintas Corp.; First Republic Bank; Goodfood Market Corp.; JPMorgan Chase & Co.; Morgan Stanley; Theratechnologies Inc.

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Friday July 15

China GDP, retail sales, industrial production and fixed asset investment

Japan department store sales and tertiary industry index

Euro zone trade deficit

(8:30 a.m. ET) Canada’s wholesale trade for May.

(8:30 a.m. ET) Canada’s new motor vehicle sales for May. Estimate is a year-over-year decline of 8.5 per cent.

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

(9 a.m. ET) Canada’s existing home sales for June. Estimate is a decline of 25 per cent year-over-year with average prices rising 4 per cent.

(8:30 a.m. ET) U.S. retail sales for June. Consensus is an increase of 0.9 per cent from May.

(8:30 a.m. ET) U.S. import prices for June. The Street expects a rise of 0.7 per cent month-over-month and 11.3 per cent year-over-year.

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

(9 a.m. ET) Canada’s MLS home price index for June. Estimate is an increase of 16.5 per cent from the same period a year ago.

(9:15 a.m. ET) U.S. industrial production for June. Consensus is unchanged from May with capacity utilization sliding 0.3 per cent to 80.5 per cent.

(10 a.m. ET) U.S. business inventories for May. The Street expects an increase of 1.1 per cent from April.

(10 a.m. ET) U.S. University of Michigan consumer sentiment for May.

Also: G20 finance ministers and governors meeting in Jakarta (through Saturday).

Earnings include: Bank of NY Mellon; Blackrock Inc.; Citigroup Inc.; PNC Financial Services Group Inc.; State Street Corp.; UnitedHealth Group Inc.; U.S. Bancorp.; Wells Fargo & Co.