Germany leads the week's run with the first look at consumer prices in the month of June, posted on Tuesday, and also the first look at June conditions in employment, posted on Wednesday. CPI reports for June will follow on Wednesday from France then on Thursday from both Switzerland and Korea: steady to slower is the general expectation. Steep acceleration, in contrast, would be no surprise for Eurozone producer prices on Friday. The US follows Germany with the only major employment releases of the week: initial jobless claims on Thursday followed by the June employment report on Friday where a substantial gain is once again the call.
Updates on the consumer sector open the week with US consumer confidence on Tuesday in a report that has failed, reopening or not, to show much improvement at all. Retail sales data for May will be limited to Japan on Tuesday and Germany on Friday. Manufacturing updates for June will open with China's CFLP PMI on Wednesday and the Caixan PMI on Thursday capped by the ISM manufacturing index also on Thursday. Definitive data will include industrial production reports for May from Japan on Wednesday, French consumer manufactured goods consumption on Wednesday, and Japan's Tankan report for the second quarter on Thursday.
Leading indicator reports will be limited to Switzerland on Wednesday with market-moving GDP data limited to Canada on Wednesday with international trade data also limited to Canada on Friday.
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