Economic calendar: Calm day ahead

Summary:

  • Hungarian CPI to be released before noon
  • Weekly jobless claims from the US
  • US wholesale inventories (the final prints) for June

8:00 am BST - Spanish industrial production

8:00 am BST - Hungarian CPI for July: The consensus suggests that price growth in the Hungarian economy remained unchanged last month at 3.4% in annual terms. The stronger than forecast reading could strengthen the case for higher rates there. 

1:30 pm BST - Canadian new housing price index for June

1:30 pm BST - US weekly jobless claims: The consensus indicates at 215k, the same as it was reported last week. 

3:00 pm BST - US wholesale inventories for June: It will be the final reading, hence it will not have a significant impact on the GDP data for Q2 which was already released (the first print). The consensus calls for a 0.2% MoM increase.

Daily summary: US stocks move higher after Powell calms inflation jitters
Komentarz giełdowy: Odbicie na rynku akcji
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