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Not many economic dockets scheduled for today, however risk associated is low.
Data released so far -
- Australia - Retail sales grew 0.3% m/m in May.
- Japan - Services PMI grew to 51.8 in June, from 51.5 in May.
- China - HSBC services PMI dropped to 51.8 in June from 53.5 prior.
- Spain - PMI slowed to 56.1 compared to 58.4 prior.
Upcoming -
- Italy - Services PMI scheduled at 7:45 GMT. Expected 52.5 today.
- France - Services PMI is scheduled for release at 7:50 GMT.
- Germany - Services PMI scheduled at 7:55 GMT. Expected 54.2 today.
- Euro zone - Services PMI scheduled at 8:00 GMT. Expected 54.4 today. Euro zone retail sales to be released at 9:00 GMT. Expected to grow at 2.3% from a year ago.
- India - Reserve bank India (RBI) is expected to declare changes in FX reserve.
