Non-Farm Payrolls Due Next Week Stateside

Monday

U.S.

Economic Lookahead

Markit manufacturing Purchasing Managers Index (final) (July)

Institute for Supply Management manufacturing index (July)

Construction spending (June)

Featured Earnings

Global Payments Inc. (NYSE: GPN) (Q2) EPS projected for $1.79 compared to $1.22 in the prior-year quarter.

Ferrari N.V. (NYSE: RACE) (Q2) EPS projected for $1.19, compared to four cents in the prior-year quarter.

NXP Semiconductors N.V. (NASDAQ: NXPI) (Q2) EPS projected for $2.00, compared to 41 cents in the prior-year quarter.

Canada

Markets in Canada are closed for Civic Holiday

Tuesday

U.S.

Economic Lookahead

Factory orders (June)

Motor vehicle sales (July)

Featured Earnings

Alibaba Group Holding Limited (NYSE: BABA) (Q4) EPS projected for $1.72, compared to $1.70 in the prior-year quarter.

Eli Lilly and Company (NYSE: LLY) (Q2) EPS projected for $1.89, identical to the prior-year quarter.

Eaton (NYSE:ETN) (Q2) EPS projected for $1.56, compared to 70 cents in the prior-year quarter.

Canada

Economic Lookahead

Building Permits (June) Following four consecutive months of reaching new highs, the total value of building permits dropped a record $1.6 billion (-14.8%) to $9.5 billion in May.

Canadian International Merchandise Trade (June) In May, Canada's merchandise imports increased 2.1%, while exports fell 1.6%. As a result, Canada's merchandise trade balance widened, moving from a surplus of $462 million in April to a deficit of $1.4 billion in May.

Featured Earnings

Aptose Biosciences Inc. (TSX:APS) (Q2) EPS projected for loss of 19 cents, compared to loss of 18 cents in the prior-year quarter.

Bausch Health Companies Inc. (TSX: BHC) (Q2) EPS projected for 95 cents, compared to 99 cents in the prior-year quarter.

Cargojet Inc. (TSX: CJT) (Q2) EPS projected for 99 cents, compared to $5.24 in the prior-year quarter.

Great-West Lifeco (TSX:GWO) (Q2) EPS projected for 79 cents, compared to 80 cents in the prior-year quarter.

Sleep Country Canada Holdings Inc. (TSX: ZZZ) (Q2) EPS projected for 33 cents, compared to 26 cents in the prior-year quarter.

Wednesday

U.S.

Economic Lookhead

ADP employment report (July)

Markit services PMI (final) (July)

ISM services index (July)

Featured Earnings

CVS Health Corporation (NYSE:CVS) (Q2) EPS projected for $2.07, compared to $2.64 in the prior-year quarter.

Booking Holdings (NASDAQ: BKNG) (Q2) EPS projected for loss of $2.02, compared to loss of $10.81 in the prior-year quarter.

General Motors Co. (NYSE: GM) (Q2) EPS projected for gain of $1.89, compared to loss of 50 cents in the prior-year quarter.

Canada

Economic Lookahead

IHS Markit Canada Manufacturing PMI (July) The headline PMI registered 56.5 in June, down from 57.0 in May, to signal the 12th consecutive expansion in operating conditions. The latest uptick was the softest since February, but was sharp in the context of the historical average.

Featured Earnings

Colliers International Group Inc. (T.CIGI) (Q2) EPS projected for 88 cents, compared to $1.04 in the prior-year quarter.

Endeavour Mining plc (T.EDV) (Q2) EPS projected for 53 cents, compared to 48 cents in the prior-year quarter.

Manulife Financial Corporation (T.MFC) (Q2) EPS projected for 78 cents, compared to 82 cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Jobless Claims (to July 31)

Trade deficit (June)

Featured Earnings

Moderna (NASDAQ:MRNA) (Q2) EPS projected for gain of $6.01, compared to loss of 31 cents in the prior-year quarter.

Square Inc (NYSE:SQ) (Q2) EPS projected for gain of five cents, compared to a loss of two cents in the prior-year quarter.

Duke Energy (NYSE: DUK) (Q2) EPS projected for $1.12, compared to $1.08 in the prior-year quarter.

Canada

Featured Earnings

CCL Industries Inc. (TSX:CCL.B) (Q2) EPS projected for 95 cents, compared to $1.02 in the prior-year quarter.

Ballard Power Systems (TSX: BLDP) (Q2) EPS projected for loss of six cents, compared to loss of seven cents in the prior-year quarter.

Constellation Software Inc. (TSX:CSU) (Q2) EPS projected for $11.37, compared to $8.11 in the prior-year quarter.

Friday 

U.S.

Economic Lookahead

Non-farm payrolls (July)

Wholesale inventories (June)

Consumer credit (June)

Featured Earnings

Dominion Energy (NYSE: D) (Q2) EPS projected for 75 cents, compared to 82 cents in the prior-year quarter.

Liberty Broadband Corporation (NASDAQ: LBRDA) (Q2) EPS projected for $1.13 compared to 39 cents in the prior-year quarter.

DISH Network Corporation (NASDAQ:DISH) (Q2) EPS projected for 90 cents, compared to 78 cents in the prior-year quarter.

Canada

Economic Lookahead

IVEY Purchasing Managers Index (July) The index progressed to 71.9 in June, from 64.7 in May, and much better than the 58.2 reading for June 2020

Featured Earnings

Alcanna Inc. (TSX: CLIQ) (Q2) EPS projected for gain of 10 cents, compared to loss of 24 cents in the prior-year quarter.

Dorel Industries Inc. (TSX: DII.B) (Q2) EPS projected for 82 cents, compared to 37 cents in the prior-year quarter.

Magna International Inc. (T.MG) (Q2) EPS projected for $1.75, compared to $2.27 in the prior-year quarter.