BMO Financial Group.: "It is a summer blockbuster week for data," said Doug Porter, chief economist at BMO Financial Group. , according to Winnipeg Free Press. The Toronto market ended last week slightly lower after four consecutive positive weeks. The TSX moved down 37 points or 0.29 per cent lower, leaving the main index up 2.02 per cent year to date. TORONTO - Investors have their plates full this week as they prepare to digest a variety of top-drawer economic data and another week of earnings news from corporate Canada, particularly from the beaten-down resource sector. Traders will consider the latest economic growth data for Canada and the U.S., along with the latest reading on U.S. employment. And on top of that, they will also look for clues about the future of economic stimulus measures when the U.S. Federal Reserve holds its scheduled two-day meeting on interest rates.
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