Canadian and U.S. markets are closed Monday for the Labour Day holiday.

On Wednesday, the Bank of Canada makes its latest interest rate announcement. The target for the key overnight rate is expected to remain unchanged at 3%.

On Friday, Statistics Canada releases its labour force survey for August. Economists forecast a net increase of 10,000 jobs and the unemployment rate to nudge up to 6.2%.

Also, the Richard Ivey purchasing managers index for August is released. Economists expect a decline to a reading of 62.

U.S. and overseas

On Tuesday, the U.S. Institute of Supply Management issues its services index for August. A reading of 49.6 is forecast.

Meanwhile, the U.S. Commerce Department reports on construction spending for July. A drop of 0.5% is forecast.

On Wednesday, the U.S. Commerce Dept. reports on factory orders for July. A gain of 1% is forecast.

As well, the U.S. Federal Reserve Board releases its “Beige Book” survey of U.S. economic conditions.

On Thursday, the U.S. Department of Labour reports on initial jobless claims for the week ended Aug. 30. Economists forecast 423,000 claims, down from 425,000 a week earlier.

Overseas, the European Central Bank Governing Council holds meeting, followed by interest rate announcement, and the Bank of England announces interest rate decision.

On Friday, the U.S. Department of Labour releases its jobs report for August. The unemployment rate is forecast to remain unchanged at 5.7%, while non-farm payrolls are expected to decline by 71,000 jobs.

Corporate earnings

It’s a quiet week for quarterly earnings reports.

On Thursday, Canadian Western Bank releases its third quarter results.

Bombardier Inc. reports second-quarter results, as does Descartes Systems Group Inc.

MDS Inc. reports third-quarter results, as does Wi-LAN Inc.

Laurentian Bank of Canada reports its third-quarter results on Friday, as does Patheon Inc.