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Manufacturing, Housing Stats Ahead Next Week in Canada

Monday

U.S.

Markets closed for Martin Luther King Day

Canada

Economic Lookahead

CREAstats - MLS Sales (Dec.) National home sales declined by 3.3% month-over-month in November. Actual (not seasonally-adjusted) monthly activity came in 38.9% below November 2021.

Monthly Survey of Manufacturing (Nov.) Manufacturing sales increased 2.8% in October, mainly on higher sales in the petroleum and coal, food and chemical products industries.

Featured Earnings

Numinus Wellness Inc. (T.NUMI) (Q1) Reported EPS for loss of three cents, compared to loss of 10 cents in the prior-year quarter.

Tuesday

U.S.

Featured Earnings

Canada

Economic Lookahead

Consumer Price Index (Dec.) The Consumer Price Index rose 6.8% on a year-over-year basis in November, following a 6.9% increase in October.

Canadian International Trade in Securities (Nov.) Foreign investors acquired $8.5 billion of Canadian securities in October, following a significant divestment of $22.5 billion in September. Meanwhile, Canadian investors reduced their holdings of foreign securities by $1.7 billion, after buying $10.4 billion in September.

Housing Starts (Dec.) Canada Mortgage and Housing Corporation said housing starts totaled 267,365 units in November, up from 264,583 units in October.

New Motor Vehicle Sales (Nov.) Estimated sales in Canada for the month of October were 121,653 units, down 5.3% from an already weak October 2021.

Featured Earnings

Engine Gaming and Media Inc. (T.GAME) (Q1) Reported EPS loss of 28 cents, compared to a loss of $1.27 the prior-year quarter.

Wednesday

U.S.

Featured Earnings

Economic Lookahead

Retail sales (Dec.)

Producer price index, final demand (Dec.)

Industrial Production (Dec.)

NAHB home builders' index (Jan.)

Business inventories (Nov.)

Beige Book

Featured Earnings

Prologis Inc. (NYSE:PLD) (Q4) Reported EPS of $1.21, compared to $1.12 in the prior-year quarter.

PNC Financial Services Group (NYSE:PNC) (Q4) Reported EPS of $3.97, compared to $3.68 in the prior-year quarter.

Kinder Morgan (NYSE:KMI) (Q4) Reported EPS of 30 cents, compared to 27 cents in the prior-year quarter.

Canada

Economic Lookahead

Industrial Product Price Index (Dec.) The index declined 0.4% month over month in November, and increased 9.7% on a year-over-year basis.

Raw Materials Price Index (Dec.) The index fell 0.8% on a monthly basis and increased 8.0% year over year.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (week of Jan.14)

Building Permits (Dec.)

Housing Starts (Dec.)

Featured Earnings

Procter & Gamble Company (NYSE:PG) (Q2) Reported EPS for $1.57, compared to $1.66 in the prior-year quarter.

Netflix Inc. (NASDAQ:NFLX) (Q4) Reported EPS for 45 cents, compared to $1.33 in the prior-year quarter.

Truist Financial (NYSE: TFC) (Q4) Reported EPS for $1.28, compared to $1.38 in the prior-year quarter.

Canada

Economic Lookahead

Wholesale Trade (Nov.) Wholesale sales rose 2.1% to $83.4 billion in October.

Featured Earnings

Avivagen Inc. (T.VIV) (Q4) Reported EPS for loss of two cents, compared to loss of three cents in the prior-year quarter.

GURU Organic Energy Corp. (T.GURU) (Q4) Reported EPS for loss of 21 cents, compared to loss of 20 cents in the prior-year quarter.

Richelieu Hardware Ltd. (T.RCH) (Q4) Reported EPS for 75 cents, compared to 82 cents in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Existing Home Sales (Dec.)

Featured Earnings

HDFC Bank Limited (NYSE:HDB) (Q3) Reported EPS of 82 cents, compared to 76 cents in the prior-year quarter.

Schlumberger N.V. (NYSE: SLB) (Q3) Reported EPS of 69 cents, compared to 41 cents in the prior-year quarter.

State Street (NYSE:STT) (Q4) Reported EPS of $1.90, compared to $2.00 in the prior-year quarter.

Canada

Economic Lookahead

Retail Trade (Nov.) Retail sales increased 1.4% to $62.0 billion in October.

New Housing Price Index (Dec.) New home prices in Canada declined 0.2% month over month in November, recording a negative movement for the third consecutive month.

Featured Earnings

Allegiant Gold Ltd. (T.AUAU) (Q4) Reported EPS for breakeven, compared to loss of one cent in the prior-year quarter.

Bioasis Technologies Inc. (T.BTI) (Q2) Reported EPS for loss of two cents, compared to loss of one cent in the prior-year quarter.