In the upcoming week, investors need to keep a keen eye on several economic reports and corporate earnings. This crucial data will play a significant role in shaping the market’s direction. Here’s your calendar: What investors need to know for the week ahead.
Monday, December 15
China’s economic reports on retail sales, industrial production, and fixed asset investment will be released, providing insights into the world’s second-largest economy’s health. The Eurozone will also be publishing data on industrial production.
In Canada, reports on existing home sales, average prices, the MLS Home Price Index for November, and housing starts will be announced at 5 a.m., 5 a.m., and 8:15 a.m. ET, respectively. These reports are expected to show year-over-year declines, reflecting the impact of the ongoing pandemic on Canada’s real estate market.
Furthermore, the Canadian CPI for November and manufacturing sales and new orders for October will be released at 8:30 a.m. ET. The U.S. will also be releasing its Empire State Manufacturing Survey for December and the NAHB Housing Market Index for December at 8:30 a.m. and 10 a.m. ET, respectively.
Corporate earnings for the day include Mainstreet Equity Corp.
Tuesday, December 16
China’s PMI and Eurozone PMI and trade surplus figures will be released. In the U.S., investors should watch out for the nonfarm payrolls for November, retail sales for October, housing starts for November, and building permits for November reports.
Bank of Canada Governor Tiff Macklem is scheduled to speak in Montreal, providing potential clues about the central bank’s future policy direction. Corporate earnings include Lennar Corp. and OrganiGram Holdings Inc.
Wednesday, December 17
Investors should look out for Japan’s trade balance and core machine orders, Eurozone CPI and labour costs, and Germany’s business sentiment data. Earnings include Asante Gold Corp., General Mills Inc., Micron Technology Inc., and Transat AT Inc.
Thursday, December 18
Central banks will be in focus with the Bank of Japan, Bank of England, and ECB all holding their monetary policy meetings. Canada will announce its CFIB Business Barometer for December and its job vacancy rate for October.
In the U.S., investors should look out for the CPI for November, initial jobless claims, Philadelphia Fed Index for December, current account deficit for Q3, and leading indicator for November. The day’s corporate earnings include Accenture PLC, BlackBerry Ltd., Cintas Corp., FedEx Corp., and Nike Inc.
Friday, December 19
Japan’s CPI, Eurozone’s economic confidence, and Germany’s consumer confidence data will be released. In Canada, investors should look out for the retail sales for October, new housing price index for November, and household and mortgage credit for October.
On the U.S. front, the existing home sales for November and the University of Michigan Consumer Sentiment Index for December will be released. The day’s corporate earnings include Carnival Corp. and Paychex Inc.
In conclusion, the week ahead is packed with a wealth of economic data and corporate earnings that could significantly influence the market’s direction. Investors should stay informed and keep an eye on these key indicators.

