Guide to today’s important data and events

Low key economic dockets are scheduled for today.

Data released so far -

• Australia - National banks' business confidence rose 4 from 0 in second quarter.

Upcoming -

• Spain - Unemployment survey to be released at 7:00 GMT. Prior 23.78%, expected at 23.1%

• Italy - Trade balance to be released at 8:00 GMT.

• UK - Retail sales for June to be released at 8:30 GMT. Prior 4.6% on yearly basis, expected 4.9%.

• US - Initial jobless claims to be released at 12:30 GMT, followed by CB leading indicator at 14:00 GMT. EIA will release natural gas weekly report at 14:30 GMT.

• Canada - Retail sales to be released at 12:30 GMT. Prior -0.1% m/m, expected 0.5%.

• Euro zone - Preliminary reading on consumer confidence to be released at 14:00 GMT.

• Japan - Corporate service price to be released at 23:50 GMT, along with investment statistics in stocks and bonds.