ZEW surveys and UK Jobs in Forex Focus
EURGBP traders will focus today in German Final Consumer Price Index and Wholesale Price Index due at 6:00GMT. Later we have the German and Eurozone ZEW surveys for August.
EURGBP traders also await the UK Employment and Wage growth data to be released at 8:30GMT. An upbeat UK labor market report could offer the much-needed respite to the GBP bulls.
In the American calendar we have the US CPI report for July due at 12:30GMT and the July NFIB small business optimism reading
The US American Petroleum Institute’s (API) Weekly Crude Oil Stock data due at 20:30GMT.
The NY Fed will release its Q2 household debt and credit report.
Australia National Australia Bank’s Business Confidence came in at 4 above expectations of 3 in July. The Australia National Australia Bank’s Business Conditions came in at 2 topping forecasts of 1 in July.
Singapore Gross Domestic Product (year over year) came in at 0.1% missing forecasts of 0.2% in 2Q.
The central Bank of China has set the Yuan (USDCNH) reference rate at 7.0326 versus Monday’s fix of 7.0211.
What I also follow today is the developments in US-China trade war, the Brexit developments, the Hong Kong – China unrest and political instability in Italy.