It will be a busy week in the US. Important data to be released include the final estimate for Q2 GDP growth; new home sales; pending home sales; durable goods; personal income and spending; PCE inflation; the final Michigan consumer sentiment; CB consumer confidence; S&P/Case-Shiller house prices; Chicago Fed National Index; Dallas Fed Manufacturing Index; Richmond Fed Manufacturing Index; Kansas Fed Manufacturing Index; Chicago PMI and final figures for Q2 corporate profits.
Elsewhere in America, investors will be waiting for Canada monthly GDP and PPI; Brazil unemployment, current account and FDI; Mexico and Colombia monetary policy decisions.
In the United Kingdom, in the spotlight will be: final GDP growth for Q2; BBA mortgage approvals; Gfk consumer confidence; current account; BoE mortgage approvals and lending; BoE consumer credit and Nationwide house prices.
Elsewhere in Europe, important releases include preliminary inflation figures for the Euro Area, Germany, France, Italy and Spain; Euro Area loan growth and business confidence; Germany IFO business climate, Gfk consumer confidence and unemployment; France business, consumer confidence and unemployment claims; Italy business and consumer confidence.
Next week will provide a deeper update on the Japanese economy. Important data include: flash manufacturing PMI; inflation; unemployment; industrial production; retail sales; construction orders and housing starts.
China will release figures for official manufacturing and non-manufacturing PMI. Industrial profits and the Caixin manufacturing PMI will also be closely watched.