Monday July 8
3 pm ET: U.S. consumer credit
Tuesday July 9
6 am ET: U.S. NFIB small business economic trends survey
10 am ET: U.S. Fed Chair Powell testifies to the Senate Banking Committee
Wednesday July 10
Chinese June consumer prices and producer prices
Italy industrial production
10 am ET: U.S. Fed Chair Powell testifies to the House Financial Services Committee.
10 am ET: U.S. wholesale inventories for May.
Earnings include: Goodfood Market, Postmedia Network
Thursday July 11
China trade surplus.
Germany June inflation; UK GDP, industrial production, trade deficit and services index.
830 am ET: U.S. consumer prices for June. Consensus is for a 0.1 per cent rise from May, or 3.1 per cent year over year, which is down from May’s reading of 3.3 per cent. Excluding food and energy, inflation is expected to be up 3.4 per cent.
830 am ET: U.S. initial jobless claims.
2 pm ET: U.S. budget balance.
Earnings include: MTY Food Group Inc., Cogeco and Cogeco Communications, OrganiGram Holdings Inc., Richelieu Hardware Ltd.,
Friday July 12
Japan industrial production
Germany retail sales for May and France inflation data for June
830 am ET: Canadian building permits for May. It’s expected to be down 5 per cent after a 20.5 per cent surge in April.
830 am ET: U.S. producer price index.
9 am ET: Canada existing home sales for June. They are expected to be down 8.5 per cent from a year earlier, while average prices are expected to be down 3 per cent.
9 am ET: MLS home price index for June. It’s expected to be down 4 per cent from a year ago, steeper than May’s decline of 2.4 per cent.
10 am ET: University of Michigan consumer sentiment. Consensus is for a reading of 67.0, down from June’s 68.2.
Earnings include: Wells Fargo, JP Morgan Chase & Co., Citigroup