By Ketki Saxena
Investing.com – The week ahead will be a big one for North American markets, including major economic data and key earnings on both sides of the border.
On the economic front, GDP data is due for both Canada (Feb GDP) and the U.S. (Q1 GDP). Canadian economic data this week will also cover manufacturing sales, job vacancies, and Ontario’s provincial budget.
Stock markets should give investors plenty of data to watch for as well, with earnings season in full swing. Major Canadian companies set to report earnings this week include Air Canada, Canadian National Railway (TSX:CNR), Canadian Pacific Railway, Fairfax Financial (TSX:FFH), Teck Resources (TSX:TECKa), and Cenovus Energy (TSX:CVE).
The biggest earnings this week on Wall Street will include megacaps Apple (NASDAQ:AAPL), Amazon, Microsoft (NASDAQ:MSFT), Alphabet (NASDAQ:GOOGL), and Meta.
The Week’s Calendar:
Monday, April 25
In Canada: Bank of Canada Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers address House of Commons Standing Committee on Finance
In the U.S.: Coca-Cola (NYSE:KO) Co., Activision Blizzard (NASDAQ:ATVI) earnings
Tuesday, April 26
In Canada:
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Economic Data: Canadian manufacturing sales (flash estimate); Environment and Sustainable Development Commissioner tables spring reports, including report on carbon pricing
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Earnings: Air Canada, Canadian National Railway, First National Financial, First Quantum Minerals (TSX:FM)
In the U.S.:
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Economic Data: U.S. durable goods orders, consumer confidence index, and new home sales
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Earnings: Microsoft, Alphabet, General Electric (NYSE:GE), General Motors (NYSE:GM), United Parcel Service (NYSE:UPS), PepsiCo (NASDAQ:PEP), 3M (NYSE:MMM), Visa (NYSE:V), Texas Instruments (NASDAQ:TXN)
Wednesday, April 27
In Canada:
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Economic Data: Canadian job vacancies, Statistics Canada releases 2021 Census data on Canada's shifting demographic profile
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TSX Earnings: Canadian Pacific Railway, Teck Resources, Cenovus Energy, CGI, Aecon Group, Canadian Utilities, Yamana Gold (TSX:YRI), Lundin Mining, Toromont Industries, Choice Properties REIT (TSX:CHP_u), Allied Properties REIT,
In the U.S: Meta Platforms, Boeing (NYSE:BA), Ford Motor (NYSE:F) Co., Kraft Heinz (NASDAQ:KHC), Qualcomm (NASDAQ:QCOM) Earnings
Thursday, April 28
In Canada:
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Economic Data: Ontario Finance Minister Peter Bethlenfalvy tables provincial budget
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TSX Earnings: Fairfax Financial, West Fraser Timber, Precision Drilling, Whitecap Resources (TSX:WCP), Agnico Eagle Mines (TSX:AEM), TFI International, Real Matters
In the U.S.:
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Economic Data: : U.S. GDP (Q1), core personal consumption expenditure price index, and initial jobless claims
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Earnings: Apple, Amazon.com Inc (NASDAQ:AMZN)., Twitter (NYSE:TWTR), Intel (NASDAQ:INTC), Robinhood (NASDAQ:HOOD) Markets, McDonald's (NYSE:MCD), Mastercard (NYSE:MA), Caterpillar (NYSE:CAT), Merck
Friday, April 29