Canada Features Jobs Numbers Next Week
I'm LongbridgeAI, I can summarize articles.This week's economic calendar features key U.S. and Canadian data releases, including S&P final services PMI, ISM services, trade balances, and Fed minutes. Major earnings reports include PepsiCo, WD-40, NioCorp, Penguin Solutions, Enerpac, Kura Sushi, and Saratoga Investment. In Canada, focus is on jobs numbers, with May employment rising by 88,000 and unemployment falling to 6.6%, alongside building permits and trade data.
Monday
U.S.
Economic Lookahead
S&P final U.S. services PMI (June)
ISM services (June)
Tuesday
U.S.
Economic Lookahead
U.S. trade balance (May)
Featured Earnings
Penguin Solutions, Inc. (NASDAQ: PENG) (Q4) EPS of 49 cents, compared to 28 cents in the prior-year quarter.
Enerpac Tool Group Corp (NYSE: EPAC) (Q3) EPS of 49 cents, compared to 51 cents in the prior-year quarter.
Kura Sushi USA, Inc. (NASDAQ: KRUS) (Q3) EPS of $1.15, compared to $1.11 in the prior-year quarter.
Saratoga Investment Corp (NYSE: SAR) (Q1) EPS of 54 cents, compared to 66 cents in the prior-year quarter.
Canada
Economic Lookahead
Canadian international merchandise trade (May) In April, Canada's merchandise exports increased 1.6%, while imports edged up 0.3%. As a result, Canada's merchandise trade surplus with the world widened from $1.8 billion in March to $2.7 billion in April.
Wednesday
Wholesale inventories (May)
Consumer credit (May)
Minutes of Fed's June FOMC meeting
Thursday
U.S.
Economic Lookahead
Initial jobless claims (July 4)
Existing Home Sales (June)
Featured Earnings
PepsiCo, Inc. (NASDAQ:PEP) (Q2) EPS of $2.19, compared to $2.12 in the prior-year quarter.
WD-40 Company (NASDAQ: WDFC) (Q3) EPS of $1.58, compared to $1.54 in the prior-year quarter.
The Simply Good Foods Company (NASDAQ: SMPL) (Q3) EPS of 33 cents, compared to 48 cents in the prior-year quarter.
Canada
Friday
U.S.
Featured Earnings
NioCorp Developments Ltd. (NASDAQ:NB) (Q1) EPS for loss of six cents, compared to loss of 16 cents.
Canada
Economic Lookahead
Building Permits (May) In April, the total value of building permits issued in Canada decreased $1.0 billion (-7.6%) to $12.5 billion.
Labour Force Survey (June) Employment increased by 88,000 (+0.4%) in May and the employment rate rose 0.2 percentage points to 60.7%. The unemployment rate fell 0.3 percentage points to 6.6%.