Lot of economic releases scheduled for today, some with high risk associated.
Data released so far -
- Australia - Home loans grew 4.4% while investment lending foe homes dropped by -0.7% in June.
- Japan - Bank of Japan (BOJ) held monetary policy steady.
- Switzerland - Unemployment rate stayed flat in July at 3.3%. Forex reserve rose to 531 billion in July from 516 billion in June.
- Germany - Industrial production dropped by -1.4% in June. Trade balance came at € 24 billion in June. Exports dropped by -1%, while imports dropped -0.5%.
- France - Industrial output dropped by -0.1%, and trade balance for June came at €-2.7 billion.
- Spain - Industrial output rose by 4.5% in June.
- UK - Trade balance came at -£ 1.6 billion.
- Greece - Prices dropped by -1.3% in July from -1.1% in June.
Upcoming -
- India - RBI is scheduled to declare forex reserve at 11:30 GMT.
- US - Non-farm payroll report scheduled from US labor department at 12:30 GMT. Market is expecting job creation of 225,000 in July.
- Canada - Unemployment report scheduled at 12:30 GMT, followed by Ivey PMI at 14:00 GMT.


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