Global Markets:
- Asian stock markets: Nikkei down 0.45 %, Shanghai Composite lost 2.50 %, Hang Seng fell 1.30 %, ASX declined 0.50 %
- Commodities: Gold at $1095 (+0.01 %), Silver at $14.70 (-0.30 %), WTI Oil at $46.80 (-0.70 %), Brent Oil at $51.85 (+0.05 %)
- Rates: US 10 year yield at 2.21, UK 10 year yield at 1.89, German 10 year yield at 0.66
News & Data:
- Australia AIG Manufacturing Index 50.4, Previous: 44.2
- Australia MI Inflation gauge 0.2 %, Previous: 0.1 %
- Australia HIA New Home Sales 0.5 5, Previous: -2.3 %
- Japan Manufacturing PMI 51.2, Expected: 51.4, Previous: 51.4
- China Manufacturing PMI 47.8, Expected: 48.3, Previous: 48.2
- Asian stocks near 2015 lows on China economy worry, dollar strong – RTRS
- Greeks brace for stock market carnage after five-week shutdown – RTRS
CFTC Positioning Data:
- EUR short 104K vs 113k short prior week.
- GBP short 10K vs. 21K short prior week
- JPY short 63K vs. 62K short prior week.
- CAD short 56K vs. 44Kshort prior week.
- CHF long 0K vs 3.4K long prior week.
- AUD short 51K vs. 41K short prior week
Upcoming Events:
- 08:15 BST – Spanish Manufacturing PMI
- 08:45 BST – Italian Manufacturing PMI
- 08:50 BST – French Manufacturing PMI
- 08:55 BST – German Manufacturing PMI
- 09:00 BST – Euro Zone Manufacturing PMI
- 09:30 BST – UK Manufacturing PMI
- 13:30 BST – US Core PCE Price Index
- 13:30 BST – US Personal Income
- 13:30 BST – US Personal Spending
- 14:45 BST – US Markit Manufacturing PMI
- 15:00 BST – US ISM Manufacturing PMI
- 15:50 BST – FOMC Member Powell speaks
The Week Ahead (Key Data & Events):
Tuesday, August 04th
- 02:30 BST – Australian Retail Sales
- 02:30 BST – Australian Trade Balance
- 05:30 BST – RBA Interest Rate Decision
- 05:30 BST – RBA Statement
- 08:00 BST – Spanish Unemployment Change
- 09:30 BST – UK Construction PMI
- 10:00 BST – Euro Zone PPI
- 15:00 BST – US Factory Orders
- 23:45 BST – New Zealand Employment Change
- 23:45 BST – New Zealand Unemployment Rate
Wednesday, August 05th
- 02:45 BST – Chinese HSBC Services PMI
- 08:15 BST – Swiss CPI
- 08:15 BST – Spanish Services PMI
- 08:45 BST – Italian Services PMI
- 08:50 BST – French Services PMI
- 08:55 BST – German Services PMI
- 09:00 BST – Euro Zone Services PMI
- 09:00 BST – Italian Industrial Production
- 09:30 BST – UK Services PMI
- 10:00 BST – Euro Zone Retail Sales
- 13:15 BST – US ADP Nonfarm Employment Change
- 13:30 BST – Canadian Trade Balance
- 14:45 BST – US Services PMI
- 15:00 BST – US Non-Manufacturing PMI
Thursday, August 06th
- 02:30 BST – Australian Employment Change
- 02:30 BST – Australian Unemployment Rate
- 06:00 BST – Japanese Leading Index
- 07:00 BST – German Factory Orders
- 09:30 BST – UK Industrial Production
- 09:30 BST – UK Manufacturing Production
- 12:00 BST – Bank of England Interest Rate Decision
- 12:00 BST – Bank of England Inflation Report
- 13:30 BST – US Initial Jobless Claims
- 15:00 BST – UK NIESR GDP Estimate
Friday, August 07th
- 00:30 BST – Australian AIG Construction Index
- 02:30 BST – Australian Home Loans
- 06:45 BST – Swiss Unemployment Rate
- 07:00 BST – German Trade Balance
- 07:30 BST – Bank of Japan Press Conference
- 09:30 BST – UK Trade Balance
- 13:30 BST – US NFP
- 13:30 BST – US Unemployment Rate
- 13:30 BST – US Average Hourly Earnings
- 13:30 BST – Canadian Employment Change
- 13:30 BST – Canadian Unemployment Rate
- 15:00 BST – Canadian Ivey PMI
