Monday 1 August
Global Business Surveys
China PMI: We expect the official PMI to test the 50 threshold, while consensus expects 50.2 after 50.9 in June.
US ISM (Jun): We expect 54 after 55.3 in June, while consensus expects 55.
Also interesting: Thailand, Indonesia June CPI, Korea July CPI
Tuesday 2 August
RBA Meeting: We expect the cash target to remain at 4.75%, in line with consensus.
US "Deadline" for Debt Ceiling Increase
US Personal Income (Jun): We expect 0.4% mom, above consensus of 0.2% after 0.3% in May.
Also interesting: Swiss PMI, Brazil IP
Wednesday 3 August
US Factory Orders (Jun): Consensus expects a decline of 0.6% mom after 0.8% in May.
Turkey CPI (Jul): Consensus expects a decline of 0.1% mom after -1.4% in June.
Thursday 4 August
ECB Meeting: We expect no change from 1.5%, in line with consensus.
Germany Manufacturing Orders (Jun): Consensus expects -0.2% mom after 1.8% in May.
BOE Meeting: We expect no change from 0.5%, in line with consensus.
US Initial Jobless Claims
Czech Republic Central Bank meeting: We expect no change from 0.75%, in line with consensus.
Also Interesting: Russia July CPI, Spanish debt auction
Friday 5 August
Germany IP (Jun): Consensus expects 0.1% mom after 1.2% in May.
US Nonfarm Payrolls (Jul): We expect +50k vs. consensus of 95k after 18k in June.
Also Interesting: Italy Q2 GDP, BOJ Meeting, Philippines CPI Taiwan/ Brazil July CPI, Hungary June IP, Indonesia Q2 GDP.
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