All medium risk economic dockets scheduled for release today.
Data released so far -
- Italy - Consumer confidence dropped to 106.5 in July from 109.3 prior. Business confidence dropped to 103.6 from 103.9 in June.
- UK - Preliminary estimate shows that GDP rose by 0.7% in second quarter, making annual growth rate at 2.6%
Upcoming -
- Canada - Raw material price index and Industrial product price to be released at 12:30 GMT.
- US - Redbook index to be released at 12:55 GMT, followed by S&P/ Case - Shiller home prices at 13:00 GMT. In April price rose by 4.9%, today it is expected to grow by 5.6% for May. Preliminary reading on Markit services and composite PMI to be released at 13:45 GMT. Better numbers are expected today. Richmond FED manufacturing index to be released at 14:00 GMT. Along with consumer confidence.
- Japan - Japan will report details on retail trade at 23:50 GMT.
- Auctions - US will auction 1 month bills at 15:30 GMT, followed by 2 year note at 17:00 GMT.


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