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Lot of economic dockets scheduled for today, with high risks associated.
Data released so far -
- Australia - National Australia bank's business conditions rose to 11 in June from 6 prior, business confidence rose to 10 from 8.
- China - M2 money supply rose to 11.8% in June from 10.8% in May.
- Germany - German HICP dropped by -0.2% in May, up 0.1% on yearly basis.
- India - WPI inflation rose by 0.5% in June, first rise since January.
- Switzerland - Producer price index down by -0.1% in June and down -6.1% on yearly basis.
- Italy - Consumer price index rose by 0.2% in June.
Upcoming -
- UK - CPI, RPI, HPI and PPI inflation to be released at 8:30 GMT, followed by inflation hearing at 9:15 GMT and Governor Carney speech at 11:45 GMT.
- Germany - Zew survey to be released at 9:00 GMT.
- Euro zone - ZEW economic sentiment to be released at 9:00 GMT along with industrial production.
- US - US will announce NFIB business optimism at 10:00 GMT, followed by retails sales for June at 12:30 GMT along with export and import price index.
