Calendar: July 29 – Aug 2

Monday, July 29

China industrial profits

Earnings include: McDonald’s, Loews, Tilray

Tuesday, July 30

Bank of Japan policy announcement and outlook report (through Wednesday)

Euro area GDP July economic confidence. Germany also releases CPI and France consumer spending

9 am ET: U.S. S&P Corelogic Case-Shiller home price index for May. Consensus is for a rise of 0.3% from April. Also, FHFA house price index

10 am ET: U.S. Conference Board consumer confidence index

10 am ET: U.S. June job openings and labour turnover survey

Earnings include: Air Canada, Allied Properties, Boardwalk REIT, Microsoft, P&G, Merck & Co, AMD, Caterpillar, Pfizer, Airbus Group, Rio Tinto, BP, Starbucks, Canadian Pacific Kansas City, Paypal, Phillips 66, Electronic Arts, Corning, Archer-Daniels-Midland, Pinterest, Live Nation Entertainment, Ovintiv, Match Group, Lundin Mining, Caesars, Spin Master, JetBlue, New Gold, Precision Drilling

Wednesday, July 31

China purchasing managers’ indexes. Japan retail sales and industrial production for June

Euro area July CPI, plus Germany jobs data

815 am ET: U.S. ADP national employment report for July

830 am ET: U.S. employment cost index

830 am ET: Canada May GDP. BMO estimates a monthly rise of 0.1%

10 am ET: U.S. pending home sales for June

2 pm ET: FOMC policy announcement, followed by Chair Jerome Powell’s press briefing at 230 pm.

Earnings include: Agnico Eagle Mines, Capital Power, Kinaxis, NFI Group, North American Construction, TMX Group, Tourmaline Oil, Western Forest Products, Meta Platforms, Mastercard, Qualcomm, HSBC, Boeing, Airbnb, Marriott International, Kraft Heinzl, DuPont De Nemours, eBay, Carvana, CGI, Fortis, Cameco, MGM, Yum China Holdings, Kinross Gold, Alamos Gold, Spirit Aerosystems, Scotts Miracle-Gro

Thursday, Aug 1

China’s Caixin manufacturing PMI; Japan manufacturing PMI

Euro area manufacturing PMI and June jobless rate

ECB Economic Bulletin

7am ET: Bank of England policy announcement and monetary policy report

830 am ET: U.S. initial jobless claims

830 am ET: U.S. productivity and unit labour costs.

930 am ET: S&P global manufacturing PMI

10 am ET: U.S. ISM manufacturing PMI

10 am ET: U.S. construction spending

OPEC+ meeting

Autodata total vehicle sales for July

Earnings include: Apple, AltaGas, Atkinrealis, Amazon, Intel, Bausch Health, Canaccord Genuity, Capstone Mining, ConocoPhillips, Booking, Anheuser Busch, Canadian Natural Resources, TC Energy, Cenovus Energy, Centerra Gold, BCE, Fairfax Financial, Snap, Jamieson Wellnewss, ArcelorMittal, DraftKings, Clorox, Brookfield Infrastructure, Sirius XM, Smith & Nephew, Open Text, Gildan Activewear, Wayfair, TransAlta, Lightspeed Commerce, Canada Goose, Westshore Terminals

Friday Aug, 2

France and Italy industrial production for June

1030 am ET: Bank of Canada market participants survey for the second quarter

830 am ET: U.S. nonfarm payrolls for July. Consensus is for net job gains of 175,000, cooling from June’s 206,000. The unemployment rate is expected to hold steady at 4.1%. Average hourly earnings are expected to rise 0.3% from June, or up 3.7% from a year ago.

10 am ET: U.S. factory orders for June. Consensus is for a monthly increase of 0.5%.

Earnings include: Algoma Central, Atco, Boston Pizza Royalties, Brookfield Business, Exxon Mobil, Chevron, Enbridge, Nintendo, Imperial Oil, Telus, Magna International, Brookfield Renewable, Canadian Utilities, Dorel Industries, Fluor, Telus International