May 25, 2018
The Week Ahead: Bank earnings continue; BoC rate decision
By Noah Zivitz
BNN Bloomberg sets up the week ahead with what investors need to know.
Monday, May 28 - U.S. markets closed for Memorial Day
No notable scheduled events
Tuesday, May 29
-Notable earnings: Bank of Nova Scotia
-Notable data: S&P Case-Shiller U.S. home price index, U.S. consumer confidence
-Pembina Pipeline holds investor day in Toronto (0830)
-Husky Energy holds investor day in Toronto (0900)
-Auditor General releases Spring reports (1000)
-CMHC releases first-quarter financial report (1300)
-Starbucks closing 8,000 U.S. stores for the afternoon to conduct "racial bias education"
Wednesday, May 30
-Notable earnings: BMO, National Bank of Canada
-Notable data: Canadian current account balance, Canadian industrial product and raw materials price indices, U.S. GDP
-Restaurant Brands International presents at RBC Capital Markets consumer conference in Boston (0800)
-Bank of Canada releases interest rate decision (1000)
-Walmart holds annual meeting (1100)
-Amazon.com holds annual meeting in Seattle (1200)
-Finance Minister Bill Morneau delivers speech in Calgary (~1300)
-U.S. Federal Reserve releases Beige Book (1400)
-OECD to release Economic Outlook
Thursday, May 31
-Notable earnings: Lululemon, BRP, Dollar General
-Notable data: Canadian GDP, U.S. personal income and spending
-Kinder Morgan's deadline for clarity on Trans Mountain expansion's path forward
-G7 finance ministers and central bank governors begin three-day meeting in Whistler, B.C.
-Bank of Canada Deputy Governor Sylvain Leduc delivers speech in Quebec City (1235, remarks on bank website at 1220)
-Facebook holds annual meeting (1400)
-CN Rail CEO JJ Ruest presents at Bernstein conference in New York (1600)
-Michael Medline, Mark Wiseman, David Emerson among speakers at Institute of Corporate Directors national conference in Vancouver
Friday, June 1
-Notable earnings: Laurentian Bank
-Notable data: U.S. non-farm payrolls, ISM U.S. manufacturing index, U.S. construction spending
-Walmart holds Q&A with investment community (1315)
-Canada's exemption from U.S. steel and aluminum tariffs scheduled to expire
-Fiat Chrysler CEO Sergio Marchionne to release new five-year plan
-Automakers to report monthly sales