On Tuesday, Statistics Canada reports on Canada’s international securities transactions for April. A net inflow of $3.75 billion is forecast.
On Wednesday, StatsCan reports on the leading indicators for May. Economists expect a monthly rise of 0.2%.
On Thursday, StatsCan reports on the consumer price index for May. Economists forecast a rise of 1.9% from the same month last year.
Separately, the government agency reports on wholesale trade in April. Economists expect an increase of 1%.
Also, Bank of Canada Governor Mark Carney delivers a speech in Calgary.
On Friday, StatsCan reports on retail sales in April. Economists expect an increase of 0.7%.
South of the border
On Tuesday, the U.S. Department of Labour reports on the producer price index for May. Economists predict a monthly increase of 1%.
Also, the U.S. Commerce Department posts data on the current account balance for the first quarter. A deficit of US$172.5 billion is forecast.
Separately, Commerce reports on housing starts and building permits figures for May. Economists forecast 980,000 starts and 960,000 permits, both annualized.
As well, the U.S. Federal Reserve Board reports on industrial production and capacity utilization in May. Industrial production is forecast to rise 0.1%, and a capacity utilization rate of 79.7% is expected.
On Thursday, the U.S. Department of Labour reports on initial jobless claims for the week ended June 14. Economists are forecasting 375,000 claims
Corporate earnings
On Monday, Lehman Brothers Holdings Inc. reports its second-quarter results.
On Tuesday, it’s Goldman Sachs Group’s turn to report Q2 earnings.
Best Buy reports first quarter results.
Morgan Stanley reports its Q2 earnings on Wednesday, while ATS Automation Tooling Systems Inc. reports its fourth-quarter results.
Western Canadian Coal Corp. reports Q4 results on Thursday.
The week ahead: Inflation report coming Thursday
- By: IE Staff
- June 15, 2008 June 15, 2008
- 13:40