By Ketki Saxena
Investing.com – The week ahead will be a quiet one in Canada on the economic front, with not a lot of data expected - although investors will be watching for indicators of monetary policy expectations at Bank of Canada Governor Tiff Macklem’s speech in Stockholm tomorrow.
The week will see a trickle of TSX earnings, including from Tilray (TSX:TLRY), Aritzia, Cogeco Inc (TSX:CGO) and Cogeco communications.
In the US however is where the week should get very interesting: earnings are expected from meme stock Bed Bath & Beyond (NASDAQ:BBBY) after a rough week last week in which BBBY was reported to be exploring bankruptcy.
We’ll also see earnings from all the major US banks this Friday, including Wells Fargo (NYSE:WFC), Citigroup (NYSE:C), JP Morgan Chase (NYSE:JPM), Bank of America (NYSE:BAC), as well as BlackRock (NYSE:BLK).
However, the biggest event in North American markets this week will be the US CPI release, which investors will closely monitor for potential insights into the Fed's next move.
Monday, January 9
- No major Canadian economic data expected
- TSX Earnings: Tilray Brands
- No major US Earnings or economics data
Tuesday, January 10
- In Canadian Economics: Bank of Canada Governor Tiff Macklem speaks in Stockholm on “Central bank independence and new risks: climate”
- No Major TSX Earnings
- In the US: Bed Bath & Beyond Earnings; NFIB Small Business Economic Trends Survey, U.S. Wholesale Trade
Wednesday, January 11
- No major Canadian economic data expected
- TSX Earnings: Aritzia
- No major US earnings or economic data expected
Thursday, January 12
- No major Canadian economic data expected
- TSX earnings: Cogeco Inc
- In the US: Initial Jobless Claims, Consumer Price Index
Friday, January 13