Guide to today’s important data and events

Lot of economic releases scheduled for today, some with high risk associated.

Data released so far -

• Australia - Unemployment rate ticked up to 6.3% from 6.1%, though employment rose by 38,500.

• Japan - preliminary reading showed Coincident index rose to 112 from 109.2 and leading economic index from 106.2 to 107.2.

• Switzerland - SECO consumer climate declined to -19 from -6

• Germany - Factory orders rose by 2% in June, up 7.2% on yearly basis.

• UK - Halifax house prices dropped by -0.6% in July but up 7.9% on yearly basis. Industrial production dropped by -0.4% in June from May and manufacturing production rose by 0.2%.

• Greece - Unemployment rate eased to 25% in May from 25.6%

Upcoming -

• UK - Bank of England (BOE) will announce monetary policy along with minutes and quarterly inflation report at 11:00 GMT. BOE governor Mark Carney scheduled to speak at 11:45 GMT. NISER GDP estimate to be released at 14:00 GMT.

• US - Challenger job cuts to be released at 11:30 GMT, followed by initial jobless claims at 12:30 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.

• Australia - AIG performance of construction index to be released at 23:30 GMT.

• Japan - Japan will announce Forex reserve at 23:50 GMT.