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Canadian, U.S. jobs reports out, Friday

Fred Lum/The Globe and Mail

Monday, July 2

Canadian financial markets closed in observance of Canada Day

The U.S. Institute for Supply Management issues its manufacturing index for June. Economists expect a reading of 52.

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Wednesday, July 4

U.S. financial markets closed in observance of Independence Day

Thursday, July 5

The U.S. Labour Department reports on initial jobless claims in the week ending June 30. Economists expect 385,000 new claims.

The U.S. Institute for Supply Management issues its services index for June. Economists expect a reading of 53.

Companies reporting:

Richelieu Hardware Ltd.

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Velan Inc.

Friday, July 6

Statistics Canada issues its jobs report for June. Economists expect the unemployment rate to remain unchanged at 7.3 per cent; payrolls are expected to grow by 5,000 jobs.

Statscan reports on building permits issued in May. Economists expect a drop of 0.5 per cent from the previous month.

The U.S. Labour Department issues its employment report for June. Economists expect the jobless rate to remain unchanged at 8.2 per cent; non-farm payrolls are expected to grow by 90,000 jobs.

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