Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: June trade balance came at $1.873 billion with exports up by 3 percent, while imports down by 1 percent.
Upcoming:
- Switzerland: SECO consumer climate report will be released at 5:45 GMT, followed by real retail sales report at 7:15 GMT, and SVME PMI report at 7:30 GMT.
- Spain: Unemployment change report for the month of July will be released at 7:00 GMT.
- United Kingdom: Construction PMI report will be released at 8:30 GMT. Bank of England (BoE) will announce rate decision at 11:00 GMT.
- Eurozone: PPI inflation report will be released at 9:00 GMT.
- United States: Challenger jobs report will be published at 11:30 GMT, followed by weekly jobless claims report at 12:30 GMT, and ISM New York report at 13:45 GMT. Factory orders report will be released at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Australia: AiG performance of services report will be released at 23:30 GMT.
- Auction: Spain will auction 3-year, 5-year, and 10-year bonds today. France will auction 10-year bond today.
