Canadian markets are closed Monday for the Victoria Day holiday.
On Tuesday, Statistics Canada releases a study on foreign outsourcing and employment in Canada.
On Wednesday, StatsCan also reports on leading indicators for April. Economists expect a rise of 0.4% from March.
U.S. & World
On Thursday, the U.S. Department of Commerce reports on durable goods orders for April. Economists expect an increase of 0.9% over the previous month.
Separately, Commerce reports on new home sales for April. Economists forecast annualized sales of 860,000 homes.
Meanwhile, the U.S. National Association of Realtors reports on existing home sales for April. Economists expect annualized sales of 6.1 million homes.
In world economic news, The Organization for Economic Co-operation and Development (OECD) releases its Economic Outlook for major world economies.
Corporate earnings
Bank of Montreal kicks off bank earnings season on Wednesday.
On Thursday, Toronto-Dominion Bank reports, while Royal Bank of Canada reports on Friday.
Other companies scheduled to release earnings include:
- Lowe’s Cos.;
- Saks Inc.;
- Medtronic;
- Staples;
- Zarlink Semiconductor;
- Target ;
- Gap;
- Toll Brothers;
- and Mylan Laboratories.