Group 1 - The article highlights the upcoming release of key economic indicators, including the US June CPI and the July New York Fed manufacturing index, as well as Canada's June CPI [1]

Core Viewpoint - The upcoming Canadian CPI report will be crucial in determining the likelihood of a rate cut by the Bank of Canada later this month [1] Economic Indicators - The Canadian job market showed strong performance with a net increase of 83,100 jobs [1] - The overall unemployment rate decreased from 7% to 6.9% [1] - The unemployment rate for the prime working age group (25 to 54 years) fell more significantly from 6% to 5.8% [1] Central Bank Considerations - Despite the decrease in unemployment rates, they remain high and are not considered a "swing factor" for the Bank of Canada's policy decisions [1] - The focus will be on the inflation data to be released on Tuesday [1]