By Ketki Saxena
Investing.com -- It’s set to be a major week in Canadian Economics, with the Consumer Price Index for September due Wednesday.
It will not be the day’s only reading we’ll be watching for inflationary indicators: the Industrial Price Index, which measures price changes for major commodities sold by Canadian manufacturers, will also be due Wednesday.
Housing data this week will include housing starts on Tuesday, and the Teranet/National Bank home price index on Thursday.
Other major Canadian economic data this week will include Tuesday’s International Securities transactions, retail sales, and the wholesale trade flash estimate, both due Friday.
Here’s what to watch in Canadian and U.S Markets in the week ahead.
Monday, October 17
- In Canadian Economics: Bank of Canada releases Business Outlook Survey and Survey of Consumer Expectations
- In the US: Earnings from Bank of America
Tuesday, October 18
- In Canadian Economics: Canadian housing starts, international securities
- In the US: industrial production and capacity utilization; Earnings from Goldman Sachs (NYSE:GS), Johnson & Johnson (NYSE:JNJ), United Airlines (NASDAQ:UAL), Netflix (NASDAQ:NFLX)
Wednesday, October 19
- In Canadian Economics: CPI, industrial product price index,
- In the US: U.S. Federal Reserve releases Beige Book; building permits and housing starts; Earnings from Procter & Gamble, Tesla (NASDAQ:TSLA), IBM (NYSE:IBM), Baker Hughes
Thursday, October 20
- Notable data: Teranet/National Bank home price index
- In the US: initial jobless claims, existing home sales; Earnings from Group, AT&T (NYSE:T), CSX (NASDAQ:CSX), Snap
Friday, October 21
- In Canadian Economics: Retail sales, wholesale trade flash estimate
- TSX Earnings: Corus Entertainment (TSX:CJRb)
- In the US: Earnings from Schlumberger (NYSE:SLB), Verizon (NYSE:VZ)