Sizable economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: House price index up 5.8 percent y/y in July from 5 percent in June.
- Australia: Wage price index up 2.1 percent y/y in Q2.
Upcoming:
- United Kingdom: July inflation report will be published at 8:30 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. New York Empire State manufacturing report will be released at 12:30 GMT, along with retail sales report and followed by industrial production report at 13:15 GMT. NAHB housing market report will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. Treasury flow report will be released at 20:00 GMT.
- Japan: July trade balance report will be released at 23:50 GMT.
- Auction: Germany will auction 30-year bond today.


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