The Business News Week Ahead

Announcements out of Australia and New Zealand, two central banks with distinct accommodative tilts, will offer updates on global monetary policy early in the week. Consumer data out of Switzerland on confidence and retail sales, both of which have been soft, start the week on Monday. After last week's rush on the manufacturing side, service PMIs get rolling early in the week with the UK's CIPS expected to prove flat and the US's ISM solidly higher. A bounce back is the call for one of the week's highlights and that's German manufacturing orders on Tuesday where improvement could help ease concerns over global slowing. German industrial production follows on Wednesday with Chinese trade data, and an update on the Chinese front of the US-China trade war, due on Thursday. Consumer and producer data out of China will also be posted on Thursday as will second-quarter GDP for Japan. Housing starts and the labour force survey from Canada will be posted on Friday amid mixed expectations as will US producer prices where another subdued set of results are the call.