Economic Calendar (July 18 – July 22)

Economic Calendar (July 18 – July 22)

Monday July 18

(815 am ET) Canada housing starts for June. Consensus is a fall of 4.1% to an annualized rate of 275,600.

(10 am ET) US National Association of Home Builders housing market index.

Earnings include: Bank of America; Charles Schwab; Goldman Sachs; Mueller Industries; PrairieSky Royalty

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Tuesday July 19

Euro area consumer price index for June. UK releases employment numbers.

(830 am ET) U.S. housing starts for June. Consensus is a 2.7% rise to an annualized rate of 1.59 million.

(830 am ET) U.S. building permits for June. Consensus is they will see a 2.2% drop.

Earnings include: First Bancorp, Halliburton; Lockhead Martin; Hasbro; Netflix; Johnson & Johnson

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Wednesday July 20

Euro area consumer confidence; Germany producer price index; UK consumer prices and produce price index.

Bank of Japan Monetary Policy Meeting and outlook (through Thursday)

(830 am ET) Canada consumer price index for June. Consensus is for a 0.9% monthly rise, which would be less than May’s 1.4%. On an annualized basis though, it’s expected to be up 8.4%, accelerating from May’s 7.7% jump. Core CPI is expected to rise 4.9% from a year earlier.

(830 am ET) Canada industrial product price index for June and raw materials price index. BMO expects monthly declines of 0.5% and 0.2%, respectively.

(830 am ET) Canada household and mortgage debt.

(10 am ET) U.S. existing home sales for June. Consensus is for a 0.2% decline to an annualized rate of 5.4 million.

Earnings include: United Airlines Holdings; Abbott Laboratories; Alcoa; Baker Hughes; Biogen; CSX; Las Vegas Sands; Steel Dynamics; Tesla, Nasdaq; Kinder Morgan; A&W Revenue Royalties Income Fund

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Thursday July 21

Japan trade balance and machine tool orders

ECB Monetary Policy Meeting

(830 am ET) Canada new housing price index for June. It’s expected to be up 8% from a year ago, according to BMO. In May it was up 8.4%.

(830 am ET) U.S. initial jobless claims for last week.

(830 am ET) U.S. Philadelphia Fed Index.

(10 am ET) U.S. leading indicator.

Earnings include: Alaska Air Group; American Airlines Group; AT&T; Blackstone; Travelers Companies; Union Pacific; Capital One Financial; Choice Properties REIT; Nucor; Domino’s Pizza; D R Horton; Freeport-McMoRan; Mullen Group; Philip Morris International; Snap; Mattel; Mainstreet Equity

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Friday July 22

Japan CPI and manufacturing PMI.

Euro area manufacturing, services and composite PMIs. UK releases consumer confidence, retail sales and PMIs.

(830 am ET) Canada retail sales for May. Consensus is for a 1.6% rise – higher than April’s 0.9% rise – or up 2.3% when excluding autos.

(945 am ET) U.S. S&P global PMIs for July.

Earnings include: American Express; Verizon Communications; HCA Healthcare; Twitter