Investors will be paying close attention for any mention of interest rates and the Canadian dollar when Bank of Canada senior deputy governor Paul Jenkins delivers the keynote address at Ontario Economic Summit in Niagara-on-the-Lake on Wednesday.
Also, Statistics Canada reports on leading indicators in October. Economists expect a rise of 0.3%.
On Thursday, StatsCan reports on manufacturing shipments for September. Economists expect a drop of 0.5%.
U.S. and overseas
On Monday, U.S. fixed-income markets are closed to observe Veterans Day.
Overseas, the Bank of Japan holds two-day monetary policy meeting in Tokyo, and the EuroGroup finance ministers meet in Brussels.
On Tuesday, the U.S. Treasury Department releases its monthly budget statement for October. Economists expect a deficit of US$58 billion.
On Wednesday, the U.S. Department of Labor reports on the producer price index for October. Economists expect a rise of 0.3%.
Meanwhile, the U.S. Commerce Department reports advance retail sales for October. A rise of 0.2% is forecast.
Separately, Commerce reports on business inventories for September. An increase of 0.4% is forecast.
On Thursday, the U.S. Labor Department releases the consumer price index for October. A monthly rise of 0.3% is expected.
On Friday, the U.S. Federal Reserve Board reports on industrial production in October. Economists expect a rise of 0.1%.
Separately, the Fed reports on capacity utilization in October. Economists expect a rate of 82%.
Corporate earnings
The flood of quarterly earnings reports recedes this week.
On Tuesday, Connors Bros. Income Fund and Iamgold Corp. report third quarter earnings.
Monday’s earnings include reports from Energy Savings Income Fund and Onex Corp.
Companies scheduled to report on Wednesday include Leon’s Furniture Ltd. and Uranium One Inc. reports.
Loblaw Cos. Ltd. reports third-quarter results on Thursday.