The Week Ahead: StatsCan business conditions survey; BoC interest rates

Monday, May 30 (U.S. markets closed for Memorial Day)

  • Notable data: Canadian current account balance and StatsCan survey on business conditions
  • European Union leaders begin two-day summit in Brussels (Ukraine, energy prices, food security on agenda)

Tuesday, May 31

  • Notable data: Canadian GDP (Q1), U.S. Conference Board consumer confidence index, China manufacturing PMI
  • Notable earnings: Salesforce.com, HP

Wednesday, June 1

  • Notable data: ISM U.S. manufacturing index
  • Notable earnings: Laurentian Bank of Canada, GameStop
  • Bank of Canada releases interest rate decision (1000)
  • U.S. Federal Reserve releases Beige Book (1400)
  • Former Finance Minister Bill Morneau delivers keynote address at C.D. Howe Institute directors' dinner (~1730)

Thursday, June 2

  • Notable data: Canadian building permits, U.S. initial jobless claims
  • Notable earnings: Lululemon, Indigo Books & Music, Canaccord Genuity
  • Bank of Canada Deputy Governor Paul Beaudry addresses Gatineau Chamber of Commerce (1100)
  • OPEC+ meeting
  • Ontario provincial election

Friday, June 3

  • Notable data: Canadian labour productivity, U.S. non-farm payrolls and ISM services index
  • Notable earnings: BRP
  • Amazon.com 20-for-1 stock split takes effect after close of trading