Monday

12.50am - Japan GDP (Q2, preliminary): expected to be 0.2% QoQ and 0.7% YoY. Markets to watch: JPY crosses

3am – China industrial production, retail sales (July): production to rise 7.8% Yoy and sales to rise 11.5% YoY. Markets to watch: China indices, CNH crosses

1.30pm – US Empire State mfg index (August): index to fall to 35. Markets to watch: USD crosses

 

Tuesday

7am – UK employment data: July claimant count to fall to 112,000, while unemployment rate falls to 4.4% from 4.8% for June. Markets to watch: GBP crosses

10am – eurozone GDP (Q2, second estimate): growth to be 2% QoQ and 13.7% YoY. Markets to watch: EUR crosses

1.30pm – US retail sales (July): sales to fall 0.2% MoM. Markets to watch: USD crosses

 

Wednesday

7am – UK CPI (July): prices to rise 2.6% YoY and 0.5% MoM, and core CPI to rise 2.3%. Markets to watch: GBP crosses

1.30pm – Canada CPI (July): prices expected to rise 3.1% YoY. Markets to watch: CAD crosses

1.30pm – US housing starts & building permits (July): starts to rise 1.1% and permits to rise 0.7% MoM. Markets to watch: USD crosses

3.30pm – US EIA crude oil inventories (w/e 13 August): stockpiles fell by 447,000 barrels last week. Markets to watch: Brent, WTI

7pm – FOMC minutes: while policy was left unchanged at the last meeting, these will provide a chance to see how the discussion unfolded, especially regarding the economic recovery and changes in inflation. Markets to watch: US indices, USD crosses

 

Thursday

2.30am – Australia employment data (July): unemployment rate to rise to 5% from 4.9%. Markets to watch: AUD crosses

1.30pm – US initial jobless claims (w/e 14 August): claims fell to 375K in the previous week. Markets to watch: USD crosses

 

Friday

12.30am – Japan CPI (July): prices to rise 0.1% YoY. Markets to watch: JPY crosses

7am – UK retail sales (July): sales rose 9.7% YoY in June. Markets to watch: GBP crosses