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Not many economic dockets scheduled for today, all with low to medium risks associated.
Upcoming -
- Germany - Consumer price index to be released at 6:00 GMT. No major impact expected over Euro, might generate movement in bund market. Wholesale price index, also to be released today.
- France - Current account balance to be released at 6:45 GMT.
- Spain - Consumer price index to be released at 7:00 GMT.
- Italy - Industrial output for July month to be released at 8:00 GMT.
- UK - Consumer inflation expectations to be released at 8:30 GMT. Prior reading was 2.2%.
- US - Producer price index to be released at 12:30 GMT. Prior reading -0.8% y/y for headline and +0.6% y/y for core. Preliminary reading on Michigan consumer sentiment to be released at 14:00 GMT, followed by monthly budget statement at 18:00 GMT.
