Economic Calendar: July 25 – July 29
Monday July 25
Earnings include: Capstone Mining Corp.; Celestica Inc.; Newmont Goldcorp Corp.; Slate Grocery REIT
Tuesday July 26
(8:30 a.m. ET) Canadian wholesale trade for June.
(9 a.m. ET) U.S. S&P CoreLogic Case-Shiller Home Price Index for May. The Street is expecting a rise of 1.6 per cent from April and up 20.9 per cent year-over-year.
(9 a.m. ET) U.S. FHFA House Price Index for May. Consensus is a rise of 1.6 per cent from April and up 18.6 per cent year-over-year.
(10 a.m. ET) U.S. new home sales for June. The Street is projecting an annualized rate slide of 4.5 per cent.
(10 a.m. ET) U.S. Conference Board Consumer Confidence Index for July.
Also: U.S. Fed meeting begins
Earnings include: Alphabet Inc.; Canadian National Railway Co.; Coca-Cola Co.; First National Financial Corp.; First Quantum Minerals Ltd.; General Electric Co.; General Motors Co.; McDonald’s Corp.; Microsoft Corp.; Raytheon Technologies Corp.; Texas Instruments Inc.; Topaz Energy Corp.; Toromont Industries Ltd.; United Parcel Service Inc.; Visa Inc.; West Fraser Timber Co. Ltd.; 3M Co.
Wednesday July 27
Germany consumer confidence
(8:30 a.m. ET) U.S. durable goods orders for June. The Street expects a decline of 0.4 per cent month-over-month.
(10 a.m. ET) U.S. pending home sales for June. Consensus is a drop of 0.3 per cent from May.
(2 p.m. ET) U.S. Fed announcement with Chair Jerome Powell’s press briefing to follow.
Earnings include: Agnico Eagle Mines Ltd.; Alamos Gold Inc.; Allied Properties REIT; Automated Data Processing Inc.; Baytex Energy Corp.; Boeing Co.; Bristol-Myers Squibb Co.; Cargojet Inc.; CGI Inc.; Crescent Point Energy Corp.; FirstService Corp.; Ford Motor Co.; GFL Environmental Holdings Inc.; Kinross Gold Corp.; Loblaw Companies Ltd.; Lundin Mining Corp.; Meta Platforms Inc.; Methanex Corp.; Norfolk Southern Corp.; Qualcomm Inc.; Rogers Communications Inc.; Secure Energy Services Inc.; Spin Master Corp.; Teck Resources Ltd.; West Fraser Timber Co. Ltd.
Thursday July 28
Euro zone consumer and economic confidence
(8:30 a.m.) Canada’s Survey of Employment, Payrolls and Hours for May.
(8:30 a.m. ET) U.S. initial jobless claims for week of July 23. Estimate is 253,000, up 2,000 from the previous week.
(8:30 a.m. ET) U.S. Real GDP for Q2. Consensus is for annualized economic growth of 0.4 per cent.
Earnings include: AltaGas Ltd.; Amazon; Apple Inc.; Atco Ltd.; Cameco Corp.; Canadian Pacific Railway Ltd.; Canadian Utilities Ltd.; Canfor Corp.; Caterpillar Inc.; Cenovus Energy Inc.; Comcast Corp.; Constellation Software Inc.; Fortis Inc.; George Weston Ltd.; iA Financial Corp. Inc.; Intact Financial Corp.; Intel Corp.; Mastercard Inc.; MEG Energy Corp.; Merck & Company Inc.; Pfizer Inc.; TC Energy Corp.; TFI International Inc.; Thermo Fisher Scientific Inc.; T-Mobile US Inc.; TMX Group Ltd.; Whitecap Resources Inc.; Yamana Gold Inc.
Friday July 29
Japan jobless rate, retail sales, industrial production and consumer confidence
Euro zone GDP and COI
Germany CPI and employment
(8:30 a.m. ET) Canada’s monthly GDP for May. The Street is projecting economic contraction of 0.2 per cent.
(8:30 a.m. ET) U.S. personal income and consumption for June. Consensus estimates are increases of 0.9 per cent and 0.5 per cent from May, respectively.
(8:30 a.m. ET) U.S. core PCE price index for June. The Street expects a rise of 0.5 per cent from May and 4.7 per cent year-over-year.
(8:30 a.m. ET) U.S. employment cost index for Q2. Consensus is an increase of 1.2 per cent from Q1 and 4.9 per cent year-over-year.
(9:45 a.m. ET) U.S. Chicago PMI for July.
(10 a.m. ET) U.S. University of Michigan Consumer Sentiment Index for July.
Earnings include: AbbVie Inc.; ARC Resources Ltd.; Chevron Corp.; Definity Financial Corp.; Enbridge Inc.; Exxon Mobil Corp.; Imperial Oil Ltd.; Magna International Inc.; Procter & Gamble Co.; Telus International Inc.