Calendar: What investors need to know for the week ahead
The week ahead includes key economic data releases from Canada, the U.S., and Europe, with investors focusing on employment figures, manufacturing and services PMIs, and trade balances. Central bank officials from the Bank of Canada are scheduled to testify before parliamentary committees. Corporate earnings from major companies such as Shopify, PayPal, Uber, and Disney will also influence market sentiment.
- ▪U.S. nonfarm payrolls for April are expected to show a gain of 60,000 jobs with the unemployment rate steady at 4.3 per cent.
- ▪BoC Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers will appear before both the House and Senate finance committees.
- ▪Canada’s April employment report is projected to show flat month-over-month change with a 6.7 per cent unemployment rate and 4.6 per cent year-over-year wage growth.
- ▪Key data releases include U.S. ISM services PMI, job openings, factory orders, and consumer credit, alongside Canada’s merchandise trade and services PMI.
- ▪Companies reporting earnings include Shopify, Advanced Micro Devices, PayPal, Uber, Disney, and Suncor Energy.
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountA daily rundown of the economic reports and corporate earnings that will be grabbing the market’s attention in the week aheadMonday May 4China’s markets closed (through Wednesday)Japan’s markets closed (through Tuesday) U.K. markets closedEuro zone’s manufacturing PMI(10 a.m. ET) U.S. factory orders for March. The Street is projecting a rise of 0.5 per cent from February.(2 p.m. ET) U.S. Senior Loan Officer Opinion Survey for April(3:30 p.m.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.