Economic Calendar: Week of August 18

Monday, August 18

Eurozone: Trade balance data
Canada (8:15 a.m. ET): July housing starts — analysts expect a 4.0% annualized decline
Canada (8:30 a.m. ET): June household and mortgage credit figures
Canada (8:30 a.m. ET): June international securities transactions
U.S. (10:00 a.m. ET): August NAHB Housing Market Index
Earnings Reports: BHP Group Ltd., Palo Alto Networks Inc.

Tuesday, August 19

Canada (8:30 a.m. ET): July Consumer Price Index (CPI) — expected to rise 0.4% month-over-month and 1.8% year-over-year
Canada (8:30 a.m. ET): June construction investment
U.S. (8:30 a.m. ET): July housing starts — forecasted to drop 2.4% annualized
U.S. (8:30 a.m. ET): July building permits — expected to decline 0.4% annualized
Earnings Reports: Home Depot Inc.

Wednesday, August 20

Japan: Trade balance and core machinery orders
Eurozone: Consumer Price Index (CPI)
Canada (8:30 a.m. ET): July New Housing Price Index — projected to fall 0.2% month-over-month and 1.5% year-over-year
U.S. (2:00 p.m. ET): Release of Federal Reserve minutes from the July 29–30 policy meeting
Earnings Reports: Analog Devices Inc., Baidu Inc., Estée Lauder Companies Inc., Lowe’s Companies Inc., Target Corp., TJX Companies Inc.

Thursday, August 21

Japan and Eurozone: August PMI data
Canada (8:30 a.m. ET): July industrial product and raw materials price indexes
U.S. (8:30 a.m. ET): Initial jobless claims for the week of August 16 — forecasted at 226,000 (up 2,000 from the prior week)
U.S. (9:45 a.m. ET): August S&P Global PMIs
U.S. (10:00 a.m. ET): July leading economic indicators
U.S. (10:00 a.m. ET): July existing home sales
Other: Jackson Hole Economic Policy Symposium begins (runs through Saturday)
Earnings Reports: Dollar Tree Inc., Intuit Inc., Ross Stores Inc., Walmart Inc., Workday Inc.

Friday, August 22

Japan: Consumer Price Index (CPI)
Germany: GDP report
Canada (8:30 a.m. ET): June retail sales — projected to rise 1.1% month-over-month
U.S. (10:00 a.m. ET): Federal Reserve Chair Jerome Powell delivers a speech on the economic outlook and framework review at Jackson Hole
Canada (10:30 a.m. ET): Bank of Canada Q2 Senior Loan Officer Survey
Earnings Reports: Paladin Energy Ltd.

Chief Editor