Canadian markets will be closed Monday for Thanksgiving Day.

On Tuesday, Canada Mortgage and Housing Corp. reports on housing starts in September. Economists forecast 218,000 annualized starts.

On Thursday, Statistics Canada posts the new housing price index for August. Economists forecast an increase of 0.5% from the previous month.

Separately, StatsCan reports on international merchandise trade in August. Economists expect a surplus of $3.9 billion.



On Monday, U.S. fixed-income markets closed to observe Columbus Day.

Meanwhile, EuroGroup finance ministers meet in Luxembourg.

On Tuesday, the U.S. Federal Reserve Board issues minutes from its meeting of September 18.

On Wednesday, the U.S. Commerce Department reports on wholesale inventories for August. Economists expect an increase of 0.3%.

On Thursday, Commerce reports on the trade balance in August. Economists expect a deficit of US$58.7 billion.

Meanwhile, the U.S. Labor Department reports on initial jobless claims for the week ended Oct. 6. Economists expect 315,000 claims.

Overseas, the European Commission issues its quarterly growth forecast for the euro zone.

On Friday, the U.S. Labor Department reports on the producer price index for September. Economists expect a rise of 0.4%.

Meanwhile, the U.S. Commerce Department issues its preliminary report on retail sales for September. Economists expect a rise of 0.2%.

Separately, Commerce Department reports on business inventories for August. Economists expect an increase of 0.3%.

Corporate earnings

Companies scheduled to release corporate earnings this week include: Yum Brands; Alcoa; Costco Wholesale; Teknion; and PepsiCo.