FxWirePro: The Day Ahead- 12th August, 2016

Lots of economic dockets and events scheduled for today and all with low to medium risks associated.

Data released so far:

• China: Urban investments grew 8.1 percent in July down from 9 percent in June. Industrial production grew 6 percent in July. Retail; sales grew 10.2 percent in July.

Upcoming:

• Germany: HICP inflation for July will be released at 6:00 GMT, along with second quarter flash GDP.
   
• France: Nonfarm payrolls for second quarter will be released at 6:45 GMT.
   
• Spain: HICP inflation will be released at 7:00 GMT.
   
• Italy: Second quarter flash GDP will be released at 8:00 GMT.
   
• Greece: Second quarter flash GDP will be released at 9:00 GMT.
   
• Portugal: Second quarter flash GDP will be released today.
   
• Eurozone: Second quarter flash GDP will be released at 9:00 GMT.
   
• United States: Retail sales for July will be released at 12:30 GMT, along with producer price inflation. Michigan consumer sentiment index will be published at 14:00 GMT.
   
• United Kingdom: CB leading economic index will be published at 13:30 GMT.
   
• Auction: UK will auction 10-year bond today.