The Business News Week Ahead

The week's big news will be at week's end when July PMIs will be posted across the globe: France is expected to remain out front in the mid-to-low 50s followed by the US and Germany at or near 50. Japanese data open the week, first June's trade update on Monday where deep cross-border contraction is the unsurprising call followed on Tuesday by June consumer prices in results that aren't expected to show any life. In contrast, Canadian consumer prices, posted Wednesday and benefiting from the upswing in energy, are expected to pop higher. A key feature of the week will be sentiment readings, all on Thursday: German Gfk consumer climate, French business climate, and Eurozone consumer confidence.