Canadian investors will be left to their own devices Monday with markets south of the border closed.

U.S. stock and bond markets are closed today for the Memorial Day holiday.

On Tuesday, Statistics Canada reports on the current account balance for the first quarter. A surplus of $8.5 billion is expected.

StatsCan also releases industrial product and raw materials price index figures for April. Economists forecast an increase from March of 0.6% and 2%, respectively.

Also Tuesday, of Canada Governor David Dodge and senior deputy governor Paul Jenkins appear before the House of Commons standing committee on industry, science and technology in Ottawa.

On Wednesday, StatsCan reports on gross domestic product data for March and for the first quarter. Economists expect a 0.4% rise in March from February, and an annualized 3% rise for the quarter.

South of the border

On Tuesday, the U.S. Conference Board releases consumer confidence data for May. Economists forecast a reading of 100.

On Wednesday, the Chicago purchasing managers’ index figures for May are released. Economists forecast a reading of 56.4.

On Thursday, the U.S. Institute for Supply Management reports on its manufacturing index for May. A reading of 55.6 is expected, up from 57.3 in April.

The U.S. Department of Labor releases initial jobless claims data for the week of ended May 27. Economists forecast 320,000 new claims.

Meanwhile, The Organization of Petroleum Exporting Countries is due to hold a ministerial conference to discuss output policy in Caracas.

On Friday, the U.S. Department of Labor releases the unemployment rate for May. Economists forecast a 4.7% jobless rate, unchanged from April.

Corporate earnings

Second-quarter earnings season for the Canadian banks wraps up this week with the release of results for Bank of Nova Scotia Monday, and CIBC and Canadian Western Bank on Thursday. Laurentian Bank of Canada issues its results on Friday.

Bombardier Inc. is scheduled to report its first quarter results Tuesday.