Lot of economic dockets to be released today, with medium risks associated.
Data released so far -
- Australia - CB leading indicator to be released dropped by -0.2% in June.
- China - CB leading economic index rose by 0.9% in July from 0.6% in June.
- New Zealand - RBNZ inflation expectations rose to 1.9% from 1.85% prior.
- Germany - Second quarter GDP rose by 0.4% q/q and 1.6% y/y. IFO business climate rose to 108.3, current assessment rose to 114.8 from 113.9 prior and expected came better than expected at 102.2 but marginally down from 102.3 prior.
Upcoming -
- US - Redbook index is scheduled for release at 12:55 GMT, followed by S&P Case/Shiller home prices at 13:00 GMT and preliminary reading on Markit services PMI at 13:45 GMT. New home sales to be released at 14:00 GMT, along with Consumer Confidence and Richmond FED Manufacturing index.
- New Zealand - Trade balance to be released at 22:45 GMT.
- Japan - Corporate service prices to be released at 23:50 GMT.
- Auctions - US will auction 1 month bills at 15:30 GMT and 2 year note at 17:00 GMT. Spain sold 3 month bills at -0.067%, lower than prior -0.053% and 9 month bills at 0.028%, higher than prior 0.022%.


China’s robots can run faster than Usain Bolt – now they are being prepared for war
Europe can’t achieve space sovereignty alone. Here’s why
Big AI wants to slow down AI research. Is it a safety pause or a strategic retreat?
1 in 3 uni students experience serious financial hardship. Could concession cards for all help?
Who should own the knowledge that underpins AI technology?
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
What is Zionism? The different meanings of a contested term
Unsustainable – or manageable? We don’t yet know how data centres will impact Australia’s environment
Banking scandal rocks Brazil’s politics and the country’s presidential election in October
Synthetic data could ease people’s concerns about privacy breaches. But who gets to create it? 



