Key Earnings Reports and Economic Data Set for Release Next Week

Investors and analysts are gearing up for a week filled with significant earnings announcements and essential economic data from both Canada and the United States. Starting from August 26, key players in the financial sector will report their quarterly results, while critical economic indicators will also be released, providing insights into market performance and economic health.

Upcoming Earnings Reports

On Tuesday, August 26, the Bank of Montreal and Bank of Nova Scotia are set to disclose their earnings. These results will offer investors a closer look at how these institutions have navigated the financial landscape in recent months.

The following day, August 27, will bring reports from several prominent organizations including the Royal Bank, National Bank, and Dollarama. Other notable companies releasing earnings include EQB Inc., Nvidia, HP Inc., CrowdStrike, and J.M. Smucker. The diverse range of sectors represented in these reports will provide valuable insights into both consumer behavior and technology trends.

Thursday, August 28, will feature the release of earnings from major players such as CIBC, TD Bank, Ulta Beauty, Dell Technologies, Dollar General, and Best Buy. These results are anticipated to reflect the ongoing shifts in retail and technology sectors, particularly in light of changing consumer preferences.

Economic Indicators to Watch

In addition to earnings releases, significant economic data will also be made public. On Thursday at 8:30 AM, the United States will report its Real GDP for Q2. This figure is crucial for assessing the overall economic growth and productivity of the U.S. economy during the past quarter.

On Friday, August 29, Canada will release several key economic reports, including the Real GDP for Q2, the Monthly Real GDP for June, and Ottawa’s Fiscal Monitor for June. These indicators will provide insights into Canada’s economic performance and fiscal health, helping investors gauge the effectiveness of government policies and consumer confidence.

With a busy week ahead, market participants will closely monitor both earnings and economic data to make informed decisions in the changing economic landscape.