Canadian financial markets are closed Monday for the civic holiday.

On Thursday, Statistics Canada reports on building permits for June. A month-over-month increase of 1% is expected.

On Friday, StatCan releases its labour force survey for July. Economists expect the unemployment rate to rise to 8.8% from 8.6% in June, and a net loss of about 20,000 jobs compared with a loss of 7,400 jobs in June.

The Ivey purchasing managers index for July is released. A PMI number above 50 means there were more reports of increases in the dollar value of purchases; if there was a decline the index will be under 50.

U.S. and overseas

On Monday, the ISM manufacturing index is released for July. Economists expect the index to have risen to 46.5 from 44.8 the previous month. A number below 50 indicates the manufacturing sector is contracting.

The U.S. Commerce Department reports on vehicle sales for July. Economists expect annualized sales of 9.9 million vehicles, up from 9.7 million in the previous month.

Separately, Commerce reports on construction spending for June. Economists expect a spending decrease of 0.6% from the previous month.

On Tuesday, the U.S. Commerce Dept. reports on personal income and spending for June. Economists expect a decline of 1% in personal income, and a gain of 0.2% in spending.

The U.S. National Association of Realtors reports on pending home sales for June. Sales pending are expected to have risen 0.4% compared with a 0.1-per-cent increase the previous month.

On Wednesday, the monthly ADP employment report is expected to show the U.S. economy lost about 330,000 private sector jobs in July compared with a loss of 473,000 jobs in June.

The ISM services index for July is released. Economists expect a reading of 48, compared with 47 in June. A number below 50 indicates the services sector is contracting.

The U.S. Commerce Dept. reports on U.S. factory orders for June. Economists forecast a rise in orders of 0.5% compared with a gain of 1.2% in the previous month.

On Thursday, the U.S. Department of Labour reports on jobless claims for the week ended Aug. 1. Economists forecast 580,000 claims, compared with 584,000 the previous week.

Overseas, European Central Bank and Bank of England announce decisions on key interest rates.

On Friday, the U.S. Labour Dept. releases its employment report for July. Economists expect a decrease of 345,000 in non-farm payrolls. The unemployment rate is expected to rise to 9.6% from 9.5% in June.

The Federal Reserve reports on U.S. consumer credit for June.

Corporate earnings

On Monday, UK banks Barclays PLC and HSBC Holdings PLC reports interim 2009 results.

Loews Corp. reports second-quarter results as does Molson Coors Brewing Co.

On Tuesday Boralex Power Income Fund report its second-quarter results, as does Domtar Corp., Duke Energy Corp., Intercontinental Exchange Inc., and Kraft Foods Inc.

Saputo Inc. reports first-quarter earnings.

On Wednesday, Allstate Corp. reports second-quarter results, as does Cisco Systems Inc., Devon Energy, Extendicare REIT, Jazz Air Income Fund, Prudential Financial Inc., and Standard Life.

Procter & Gamble Inc. reports. fourth-quarter earnings.

On Thursday, BCE Inc. reports second-quarter results, as does Breakwater Resources Ltd., Imax Corp., Metro Inc., Quebecor Inc., Tim Hortons Inc. and WestJet Airlines Ltd.

Among financial companies Great West Lifeco Inc. reports second-quarter results, as does Home Capital Group Inc., Manulife Financial Inc., Sun Life Financial Inc.,

Canaccord Capital Inc. reports first-quarter earnings.

On Friday, Boralex Inc. reports second-quarter earnings, as does

Brookfield Asset Management Inc., Kingsway Financial Services, Magna International Inc., Manitoba Telecom Services, and Paramount Energy Trust.

IE