Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Second quarter GDP grew by 0.5 percent on quarterly basis, up 3.3 percent from a year ago.
Upcoming:
- Germany: Industrial production data for July will be reported at 6:00 GMT.
- France: Trade balance for July will be announced at 6:45 GMT.
- Switzerland: FX reserve details will be reported at 7:00 GMT.
- United Kingdom: Halifax house prices report will be released at 7:30 GMT, along with manufacturing and industrial production at 8:30 GMT. BoE governor Mark Carney will testify before congress beginning at 9:00 GMT. NIESR will release its GDP estimate at 14:00 GMT. RICS house price balance report is set to be released at 23:00 GMT.
- United States: MBA mortgage applications report is scheduled at 11:00 GMT, followed by Redbook index at 12:55 GMT, and JOLTS jobs report at 14:00 GMT Fed will release Beige book at 18:00 GMT. EIA will release crude inventory data at 14:30 GMT.
- Canada: BoC will announce rate decision at 14:00 GMT, along with IVEY PMI release.
- Japan: Second quarter GDP figure will be released at 23:50 GMT along with current account for July.


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