Economic Events for the week of Sept. 21/2019

Article from: The Globe and Mail

Monday

Canada’s new housing price index for August (Analysts estimate a rise of 0.1% from July)

U.S. Chicago Fed National Activity Index for August (designed to gauge overall U.S. economic activity)

Tuesday

Eurozone Consumer Confidence

U.S. Federal Reserve chair Jay Powell and Treasury Secretary Steven Mnuchin will testify on CARES Act Report to House Financial Services Committee

Earnings: NKE Inc (Nike) and ACB Inc. (Aurora Cannabis)

Wednesday

Germany Consumer Confidence

U.S. FHFA (Federal Housing Finance Agency) House Price Index for July [a prediction of an increase of 0.5% from June]

Japan PMI and all-industry activity index

Jay Powell appears before the House panel on COVID 19 crisis

Canada PM Justin Trudeau delivers Speech from the Throne (introduces the government’s direction and goals, and how it will work to achieve them)

Thursday

Canada’s Survey of Employment, Payrolls, and Hours for July

U.S. initial jobless claims for week of Sept. 19 (estimate is 840,000, down 20,000 from previous week)

U.S. new home sales for August

Jay Powell and Steve Mnuchin testify on CARES Act Report to Senate Banking Committee

Earnings: ACN PLC (Accenture), BB Ltd (BlackBerry), COST Xorp. (Costco)

Friday

Euro zone and money supply and consumer confidence

U.S. durable goods orders for August (analysts expect a rise of 1.3% from July)

Canada’s budget balance for July