Canadians will hear Tuesday what Bank of Canada Governor David Dodge has to say on the current state of credit markets.
As well Dodge may comment on what the rise of the Canadian dollar to parity with the U.S. dollar.
The loonie hit parity with the U.S. dollar for the first time in almost 31 years on Thursday after rising 15% this year alone.
Dodge addresses the Vancouver Board of Trade on “Turbulence in credit markets: causes, effects, and lessons to be learned.”
Also Tuesday, Statistics Canada reports on employment insurance, payroll employment, earnings and hours for July.
On Thursday, Statistics Canada reports on national tourism indicators for the second quarter of 2007.
On Friday, StatsCan reports on the gross domestic product for July. Economists expect growth of 0.4% from the previous month.
The government agency also reports on industrial product prices and raw materials prices in August.
Economists forecast a of 0.5% decline in industrial product prices and a 1% decline in raw material prices.
South of the border
On Tuesday, the U.S. Conference Board reports on consumer confidence in September. Confidence is expected to have weakened, with a reading of 104.4 compared with 105 in August.
As well, the U.S. National Association of Realtors releases existing home sales data for August. Sales are expected to decline 4.7% to 5.48 million on an annualized basis.
On Wednesday, the U.S. Department of Commerce reports on durable goods orders for August. Economists expect a decline of 3%.
On Thursday, the U.S. Department of Labor reports initial jobless claims for the week ended Sept. 22. Economists forecast 317,000 new claims compared with 311,000 in the previous week.
Meanwhile, the U.S. Commerce Department reports final figures on the second-quarter gross domestic product. Economists expect annualized growth of 3.9%.
Separately, Commerce posts data on new home sales for August. Economists expect a decline of 4.6% to 830,000 on an annualized basis.
On Friday, the U.S. Department of Commerce release personal income and consumption data for August. Economists expect a 0.4-per-cent increase in both income and spending over the previous month.
Meanwhile, the Chicago arm of the National Association of Purchasing Managers releases its manufacturing index for September. A reading of 53 is forecast, down from 53.8 in August.
Also Friday, the University of Michigan issues its final index of consumer sentiment for September. The reading is expected to inch up to 84 from 83.8 in August.
Corporate earnings
AGF Management reports third quarter earnings on Wednesday
Other companies scheduled to report results include: Cognos; Husky Injection Molding Systems; and KB Home.