Canadian Markets: What to Watch this Week

Investing.com

Published May 01, 2023 12:25

Updated May 01, 2023 12:38

Monday, May 1

  • In Canadian Economics: S&P Global Canada Manufacturing PMI

  • In the US: Construction Spending, ISM Manufacturing PMI

  • TSX Earnings: Cargojet, Dye & Durham, TMX Group, MEG Energy, Gibson Energy

  • US Earnings:  MGM Resorts

Tuesday, May 2

  • In Canadian Economics: No Major Data expected 

  • In the US: FOMC Meeting Begins, Factory Orders, Job Openings, Labor Turnover Survey 

  • TSX Earnings:  Restaurant Brands, Franco-Nevada, Aritzia,

  • US Earnings: Pfizer, Molson Coors Beverage, Uber Technologies, Marriott International, Ford Motor, Starbucks, Advanced Micro Devices

Wednesday, May 3

  • In Canadian Economics: no major data expected 

  • In the US: FOMC Rate Decision, ADP National Employment Report, ISM Services PMI

  • TSX Earnings: Barrick Gold, Loblaw, Ivanhoe Mines, Vermilion Energy, AutoCanada, Spin Master, Tourmaline Oil (TSX:TOU) Corp., Gildan Activewear, Parkland Corp., Dream Residential Real Estate, Lundin Mining, Fortis, Athabasca Oil

  • US earnings: Estee Lauder (NYSE:EL), Bausch + Lomb

Thursday, May 4

  • In Canadian Economics: International Merchandise Trade, Fireside Chat with Bank of Canada Governor Tiff Macklem at Toronto Region Board of Trade

  • In the US:. Initial Jobless Claims, Productivity, Goods & Services Trade Balance

  • TSX Earnings: BCE,Canfor Corp., Centerra Gold, NFI Group, Baytex Energy, Obsidian Energy, Chartwell Retirement Residence, Jamieson Wellness, ARC Resources, Shopify, Dream Office Real Estate Investment Trust(TSX:D_u), Enerplus, Wheaton Precious Metals

  • US Earnings: no major US earnings expected 

Friday, May 5

  • In Canadian Economics: Employment Report

  • In the US: Employment Report

  • TSX earnings: Lithium Americas, Canadian Natural Resources, TransAlta Corp., Stelco Holdings,., Martinrea, Enbridge, Telus Corp (TSX:T)., NexGen Energy, Magna International, TransAlta Renewables

  • US Earnings: No major US earnings expected

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