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Lot of economic dockets scheduled for today, with high risks associated.
Data released so far
- Australia - Private capital expenditure dropped by -4% in second quarter.
- Germany - German import price index dropped by -0.7% in July from June, down -1.7% from a year ago.
- Switzerland - Industrial production dropped by -2.5% q/q in second quarter.
- UK - Nationwide house prices rose at slower pace of 0.3% in August, up 3.2% from a year ago.
- Spain - GDP rose by 3.3% in second quarter from a year ago.
- France - Business climate improved to 103 from 102 prior. Individual investment grew by 2% in second quarter, compared to 7% prior.
- Euro Zone - M3 money supply rose by 5.3% in July from a year ago.
Upcoming
- US - Preliminary reading on core PCE to be released at 12:30 GMT along with GDP for second quarter. Pending home sales to be released at 14:00 GMT, followed by Kansas FED manufacturing activity at 15:00 GMT. EIA will release weekly report on Natural gas at 14:30 GMT.
- UK - GFK consumer confidence to be released at 23:00 GMT.
- Japan - Consumer price index for japan and Tokyo to be released at 23:30 GMT, along with unemployment rate and retail trades data.
- Auctions - US will auction 7 year note at 17:00 GMT.
