The Week Ahead: FOMC set to begin; earnings from Starbucks

Monday, May 1

  • Notable data: Bloomberg Nanos Confidence, S&P Global Canada Manufacturing PMI, U.S. Construction Spending, ISM Manufacturing PMI
  • Notable earnings: Corby Spirit and Wine, Cargojet, Dye & Durham, Chegg, MGM Resorts Int’l, TMX Group, MEG Energy, Gibson Energy

Tuesday, May 2

  • Notable data: U.S. Factory Orders, U.S. Job Openings and Labor Turnover Surve
  • Notable earnings: Pfizer, Molson Coors Beverage, Restaurant Brands, Uber Technologies, Marriott International, Ford Motor, Starbucks, Denny’s Corp., Caesars Entertainment, Franco-Nevada, Aritzia, Advanced Micro Devices
  • FOMC Meeting Begins

Wednesday, May 3

  • Notable data: ADP National Employment Report, ISM Services PMI
  • Notable earnings: Barrick Gold, Loblaw Cos, Estee Lauder, Bausch + Lomb, Athabasca Oil, Aberdeen International, Ivanhoe Mines, IGM Financial, Kinaxis, Vermilion Energy, AutoCanada, Spin Master, Tourmaline Oil Corp., Gildan Activewear, Parkland Corp., Dream Residential Real Estate, Lundin Mining, Fortis, A&W Revenue Royalties Income
  • 1400: FOMC Rate Decision
  • 1430: Fed Chair Powell’s Press Briefing

Thursday, May 4

  • Notable data: International Merchandise Trade, U.S. Initial Jobless Claims, U.S. Productivity, U.S. Goods & Services Trade Balance
  • Notable earnings: BCE, Taseko Mines, Enerflex, Canfor Corp., Centerra Gold, NFI Group, Baytex Energy, Obsidian Energy, Open Text, Chartwell Retirement Residence, Jamieson Wellness, ARC Resources, Shopify, Dream Office Real Estate Investment Trust, Enerplus, Extendicare, Wheaton Precious Metals
  • 1305: Fireside Chat with Bank of Canada Governor Tiff Macklem @ the Toronto Region Board of Trade

Friday, May 5

  • Notable data: Canadian Employment Report, U.S. Employment Report
  • Notable earnings: Lithium Americas, Canadian Natural Resources, Resolute Forest Products, TransAlta Corp., Stelco Holdings, Logistec Corp., Martinrea Int’l, Enbridge, Telus Corp., NexGen Energy, Magna International, TransAlta Renewables, Surge Energy