Analysts at Rabobank point out that today we have the German IFO survey, and they expect it to be holding steady at 101.8 and rising to 98.4 for expectations.
Key Quotes
“Tomorrow it’s US trade data and wholesale inventories.”
“Wednesday has revisions to US Q2 GDP.”
“Thursday sees Aussie building approvals and German CPI, along with US spending and income, as well as Canadian GDP.”
“Friday then has Japanese Tokyo CPI and industrial production and China’s official manufacturing and non-manufacturing PMIs, Aussie Q2 GDP, Eurozone CPI, and the US Chicago PMI.”
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