The Week Ahead: Bank of Canada rate decision; Canadian bank earnings slew

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Noah Zivitz

Managing Editor, BNN Bloomberg

Archive

Nov 29, 2019

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BNN Bloomberg sets up the week ahead with what investors need to know.

Monday, December 2

-Notable data: ISM U.S. manufacturing index

-Ontario hosts Council of the Federation meeting in Toronto

-U.S. Trade Representative to announce outcome of investigation into France's Digital Services Tax

-Husky Energy releases 2020 capex and production forecasts

-Financial Accountability Office of Ontario releases year-end report on provincial spending (9:30 a.m. ET)

-Newmont Goldcorp holds conference call to discuss 2020 forecasts (10:00 a.m. ET)

Tuesday, December 3

-Notable earnings: Bank of Montreal, Marvell Technology

-Restaurant Brands International presents at Morgan Stanley conference in New York (3:40 p.m. ET) 

-NATO summit begins in London

Wednesday, December 4

-Notable earnings: Royal Bank of Canada, National Bank of Canada, Laurentian Bank, Dollarama, Reitmans, Campbell Soup

-Notable data: ISM U.S. services index

-Ontario Premier Doug Ford in Washington, D.C. to meet with business leaders and politicians

-Bank of Canada releases interest rate decision (10:00 a.m. ET)

-U.S. House Judiciary Committee holds public impeachment inquiry hearing (10:00 a.m. ET)

-Uber Technologies CEO Dara Khosrowshahi addresses Economic Club of New York (11:30 a.m. ET)

-Blackstone Group Chairman Stephen Schwarzman addresses Canadian Club in Toronto (12:00 p.m. ET)

Thursday, December 5

-Notable earnings: Toronto-Dominion Bank, CIBC, Canadian Western Bank, Tiffany & Co.

-Notable data: Canadian trade balance, U.S. trade balance

-Bank of Canada Deputy Governor Timothy Lane delivers speech "Economic Progress Report" in Ottawa (0800; remarks on Bank website at 745)

-Parliament reconvenes

-Saudi Aramco expected to price IPO today

-OPEC meeting in Vienna

Friday, December 6

-Notable earnings: Roots, Dollar General

-Notable data: Canadian labour force survey, U.S. non-farm payrolls

-Statistics Canada releases study "The retail cannabis market in Canada: A portrait of the first year"

-OPEC+ meeting in Vienna