FxWirePro: The Day Ahead- 16th August, 2016

Lots of economic dockets and events scheduled for today and some with high volatility risks associated.

Data released so far:

• Australia: New Motor Vehicle sales declined -1.3 percent in July, ,up 1.6 percent from a year back.

Upcoming:

• United Kingdom: CPI,PPI, RPI and HPI inflation data for July will be released at 8:30 GMT.
   
• Germany: ZEW survey current situation and economic sentiment will be released at 9:00 GMT.
   
• Eurozone: Trade balance for June will be released at 9:00 GMT, along with Zew survey report on economic sentiment.
   
• United States: Housing starts for July will be released at 12:30 GMT, along with CPI inflation data for July and followed by Industrial production at 13:15 GMT.  Fed’s Lockhart is scheduled to speak at 16:30 GMT.
   
• New Zealand: Global dairy auction is scheduled today. Producer price inflation for the second quarter and employment report will be released at 22:45 GMT.
   
• Auction: United States will auction 1-month and 12-month bills at 15:30 GMT.