A daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead.
Monday July 28
(10 a.m. ET) U.S. releases pending home sales for June. Consensus is for a contraction of 0.3 per cent, after rising 6.1 per cent in May.
Earnings include: Acadian Timber, Atco, Canadian Utilities, Toromont, Denny’s, Eastman Chemical, Herbalife, Hertz Global Holdings, Tyson Foods.
Tuesday July 29
Japan releases jobless rate for June and retail sales.
(9 a.m. ET) U.S. releases S&P Case-Shiller Home Price Index for May, forecast to rise 0.3 per cent (or 10.1 per cent from a year earlier) after gaining 0.2 per cent in April.
(10 a.m. ET) U.S. Conference Board consumer confidence index. The Street expects a reading of 85.5, just above June's 85.2.
FOMC begins two-day policy meeting.
Earnings include: Ballard Power, Calfrac Well Services, Catalyst Paper, Centerra Gold, Detour Gold, DH Corp., First Capital Realty, Genworth MI Canada, George Weston, Horizon North, Norbord, Talisman Energy, Timmins Gold, Trican Well Services, WestJet Airlines, Aetna, Aflac, AK Steel Holdings, Ally Financial, American Express, Amgen, Anadarko Petroleum, Arch Coal, Choice Hotels, Corning, Deutsche Bank, DreamWorks Animation, Ecolab, Entegris, Entergy, Genworth Financial, Global Payments, Honda Motor, International Paper, Marriott International, McGraw Hill Financial, Merck & Co., National Oil well Varco, New York Times, Newmont Mining, Nielsen, NutriSystem, Panera BRead, Pfizer, Reynolds American, Sirius XM Holdings, Twitter, Waste Management.
Wednesday July 30
Japan releases industrial production for June.
Euro area releases economic confidence for July; Germany releases July consumer price index.
(815 a.m ET) U.S. releases the ADP National Employment Report. Consensus is for 233,000 private job gains.
(830 a.m. ET) U.S. releases second-quarter GDP statistics. The economy is forecast to grow at an annual rate of 3 per cent, marking a comeback from contraction of 2.9 per cent in the first quarter.
(830 a.m. ET) Canada releases industrial product price index for June. Consensus is for a rise of 0.2 per cent after they contracted 0.5 per cent in May. The raw materials price index is expected to rise 0.5 per cent after falling 0.4 per cent the previous month.
(2 p.m. ET) Federal Reserve makes its monetary policy announcement following two-day meeting.
Earnings include: Agnico-Eagle, Barrick Gold, Cenovus Energy, CGI Group, Easyhome, First Quantum, Home Capital, HudBay Minerals, Intact Financial, Kinross Gold, Lundin Mining, MacDonald Dettwiler, Open Text, Sherritt, Suncor Energy, Torstar, TransAlta, Unti-Selectr, Western Forest, Wi-LAN, Yamana Gold, Enbridge Energy Partners, Fidelity National Financial, Goodyear Tire & Rubber, Intrepid Potash, Kraft Foods Group, Methanex, MetLife, Murphy Oil, Noble, Phillips 66, Pitney Bowes, Questar, Shutterfly, SodaStream, Sprint, Taser International, Superior Energy Services, Thomson Reuters, Valero, Whole Foods Market, Williams Companies, Yelp.
Thursday July 31
Euro area releases consumer price index for July, plus jobless rate for June. Germany releases unemployment numbers for July and June retail sales. France releases latest consumer spending figures and Italy releases jobs numbers and CPI. U.K. releases consumer confidence numbers and national house prices.
(830 a.m. ET) Canada reveals May GDP figures. Consensus is for a rise of 0.3 per cent, following a more modest April gain of 0.1 per cent.
(830 a.m. ET) U.S. releases initial jobless claims for last week. The Street expects a figure close to 295,000, up 11,000 from the previous week.
Earnings include: Alamos Gold, AltaGas, Baytex Energy, Bombardier, Cameco, Canadian Oil Sands, CCL Industries, Eldorado Gold, Fairfax Financial, Gildan Activewear, Goldcorp, HudBay Minerals, Imperial Oil, Indutrial Alliance, Interfor, Lake Shore Gold, Maniotba Telecom, Maple Leaf Foods, New Gold, Nevsun Resources, Quebecor, RioCan REIT, Sierra Wireless, Tembec, TransCanada, Trimac, Valeant Pharmaceuticals, Alcatel-Lucent, Ambev, Anheuser-Busch, Apache, Ashland, AstraZeneca, Automatic Data Processing, Avon Products, Bill Barrett, Cigna, CME Group, Colgate-Palmolive, ConocoPhillips, Cott, Directv, Discovery Communications, Embraer, Exelon, Expedia, Exxon Mobil, First Solar, Fluor, Hecla Mining, Host Hotels & Resorts, Hyatt Hotels, Invesco, KBR, Kellogg, L-3 Communications, LinkedIn, Marathon Petroleum, Mastercard, Mercer International, Mosaic, Occidental Petroleum, Resolute Forecast Products, Royal Dutch Shell, Skullcandy, Stillwater Mining, T-Mobile, Tesla Motors, Time Warner Cable, Vale, Wynn REsorts, Xencor.
Friday Aug. 1
China releases manufacturing PMI numbers for July.
Japan releases manufacturing PMI figures for July.
Euro area releases manufacturing PMI numbers for July.
(830 a.m. ET) U.S. releases nonfarm payrolls for July, forecast to rise 230,000 after gaining 288,000 in June. The unemployment rate is forecast to hold steady at 6.1 per cent.
(830 a.m. ET) U.S. releases personal income and spending. Both are forecast to rise 0.4 per cent.
(930 a.m. ET) RBC Manufacturing PMI for Canada for July.
(945 a.m. ET) U.S. Markit Manufacturing PMI for July.
(955 a.m. ET) U.S. University of Michigan Consumer Sentiment, forecast to come in at 81.4.
(10 a.m. ET) U.S. releases manufacturing ISM and construction spending statistics.
Canada and U.S. automakers tentatively scheduled to release July sales.
Earnings include: Enbridge, Fortis.