Global Markets:
- Asian stock markets: Nikkei up 0.40 %, Shanghai Composite gained 3.20 %, Hang Seng fell 0.30 %, ASX rose 0.60 %
- Commodities: Gold at $1094 (+0.05 %), Silver at $14.85 (+0.15 %), WTI Oil at $43.62 (-0.55 %), Brent Oil at $48.98 (-0.55 %)
- Rates: US 10 year yield at 2.189, UK 10 year yield at 1.84, German 10 year yield at 0.66
News & Data:
- China CPI 0.3 % m/m (exp 0.3 % prev 0.0 %)
- China CPI 1.6 % y/y (exp 1.5 % prev 1.4 %)
- China PPI -5.4 % y/y (exp -5.0 % prev -4.8 %)
- Japan Housing Loans (YoY) Q2: 2.4% (prev 2.5%)
- Japan Trade Balance (Jun): JPY102.6 Bln (exp JPY119.7 Bln prev JPY-47.3 Bln)
- German Trade Surplus To Rise To New Record In 2015 — Der Spiegel
- Greek Government Says Discussing Draft Of Third Bailout Deal — RTRS
- Bond Traders Brace For More Turbulence In Short-Term Treasuries — BBG
- Reuters Poll: Wall Street Now Thinks Fed Hike In September Will Be 2015's Only Move
CFTC Positioning Data:
- EUR short 113K vs 104k short prior week
- GBP short 7K vs. 10K short prior week
- JPY short 80K vs. 63K short prior week
- CAD short 64K vs. 56K short prior week
- CHF short 1.5K vs 0K long prior week
- AUD short 50K vs. 51K short prior week
- NZD short 12K vs. 11K short prior week
Upcoming Events:
- 09:00 BST – Norwegian CPI
- 09:30 BST – Euro Zone Sentix Investor Confidence
- 12:15 BST – FOMC Member Fischer speaks
- 14:00 BST – FOMC Member Lockhart speaks
- 15:00 BST – US CB Employment Index
The Week Ahead (Key Data & Events):
Tuesday, August 11th
- 02:30 BST – Australian NAB Business Confidence
- 09:00 BST – Italian CPI
- 10:00 BST – German ZEW Economic Sentiment
- 13:15 BST – Canadian Housing Starts
Wednesday, August 12th
- 00:50 BST – Bank of Japan Meeting Minutes
- 01:30 BST – Australian Westpac Consumer Sentiment
- 05:30 BST – Japanese Industrial Production
- 06:30 BST – Chinese Industrial Production
- 06:30 BST – Chinese Retail Sales
- 09:00 BST – Italian Trade Balance
- 09:30 BST – UK Claimant Count Change
- 09:30 BST – UK Unemployment Rate
- 10:00 BST – Euro Zone Industrial Production
- 15:00 BST – US JOLTs Job Openings
Thursday, August 13th
- 03:15 BST – RBA Assistant Governor Kent speaks
- 07:00 BST – German CPI
- 07:45 BST – French CPI
- 08:00 BST – Spanish CPI
- 08:15 BST – Swiss CPI
- 08:30 BST – Swedish CPI
- 11:30 BST – FOMC Member Dudley speaks
- 12:30 BST – ECB Meeting Minutes
- 13:30 BST – US Retail Sales
- 13:30 BST – US Initial Jobless Claims
- 23:45 BST – New Zealand Retail Sales
Friday, August 14th
