Guide to today’s important data and events

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.