Guide to today’s important data and events

Lots of economic dockets scheduled for today, with high risks associated.

Data released so far:

• Australia - Westpac consumer confidence plunged by -3.2% in July.

Upcoming:

• Australia - New motor vehicle sales to be released at 1:30 GMT.

• China - Lots of releases scheduled from China today. GDP for second quarter to be released at 2:00 GMT. Data on New Yuan loans to be released at 2:30 GMT, followed by Industrial production, retail sales and urban investment data at 5:30 GMT. Growth in FDI is also scheduled for today.

• Japan - BOJ will announce monetary policy today, sometime during Asian hours, followed by Press conference.

• France - Consumer price index to be released at 6:45 GMT.

• UK - UK ILO unemployment stat to be released at 8:30 GMT.

• Portugal - Consumer price index and global trade balance scheduled for release today.

• US - Lots of economic released and events scheduled from US today. MBA mortgage application to be released at 11:00 GMT, followed by Empire state manufacturing at 12:30 GMT. Industrial production will be released at 13:15 GMT and producer price index at 13:30 GMT. FED president Janet Yellen is scheduled to speak at 14:00 GMT. EIA will release crude oil inventory report at 14:30 GMT.

• New Zealand - Global dairy auction trade to be released today. Business PMI to be released at 22:30 GMT, followed by consumer price index at 22:45 GMT.

• Canada - Manufacturing shipments to be released at 12:30 GMT. Bank of Canada will announce monetary policy at 14:00 GMT, followed by press conference at 15:15 GMT.