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Lot of economic releases scheduled for today, some with high risk associated.
Data released so far -
- Australia - Unemployment rate ticked up to 6.3% from 6.1%, though employment rose by 38,500.
- Japan - preliminary reading showed Coincident index rose to 112 from 109.2 and leading economic index from 106.2 to 107.2.
- Switzerland - SECO consumer climate declined to -19 from -6
- Germany - Factory orders rose by 2% in June, up 7.2% on yearly basis.
- UK - Halifax house prices dropped by -0.6% in July but up 7.9% on yearly basis. Industrial production dropped by -0.4% in June from May and manufacturing production rose by 0.2%.
- Greece - Unemployment rate eased to 25% in May from 25.6%
Upcoming -
- UK - Bank of England (BOE) will announce monetary policy along with minutes and quarterly inflation report at 11:00 GMT. BOE governor Mark Carney scheduled to speak at 11:45 GMT. NISER GDP estimate to be released at 14:00 GMT.
- US - Challenger job cuts to be released at 11:30 GMT, followed by initial jobless claims at 12:30 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Australia - AIG performance of construction index to be released at 23:30 GMT.
- Japan - Japan will announce Forex reserve at 23:50 GMT.
