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Not many economic dockets scheduled for today, risks associated are low.
Data released so far:
- Switzerland - Retail sales dropped by -0.9% in June from a year ago.
- Japan - preliminary reading shows Japan is back in recession in second quarter with growth sliding as much as -0.4% on quarterly basis.
- Euro zone - Euro zone trade balance for June came at €21.9 billion in June.
Upcoming:
- Germany - Bundesbank to release monthly report at 10:00 GMT.
- US - NY Empire state manufacturing index for August to be released at 12:30 GMT. NAHB housing market index to be released at 14:00 GMT. Treasury department will release data on Treasury international capital flows at 20:00 GMT.
- Canada - Portfolio investment statistics to be released at 12:30 GMT.
- Auction - US will auction 3 month and 6 month bills at 15:30 GMT.
