After a big week for macroeconomic events just past, the first full week of August will see some important data but not on the same scale.
Services PMI data on Monday will be closely watched in China after the manufacturing equivalent surprisingly fell into contraction territory, with eagle eyes also focused on the US, European and UK data as the odds on the next big central bank decisions are still being weighed.
That is the only top-tier data for the US in the week, though traders are likely to still be chewing over the jobs data from the Friday past.
For the UK, there is construction, house price and retail sales data that could provide some sector-moving news.
Monday 5 August
Purchasing managers’ indices (PMIs) for service industries from Asia, Europe, the UK and US
Tuesday 6 August
Purchasing managers’ index (PMI) for the UK construction industry, BRC UK retail sales monitor
German factory orders, EU retail sales
Interest rate decision from the Reserve Bank of Australia, Japanese wage growth
Wednesday 7 August
Halifax UK house price index
US oil inventories
Thursday 8 August
German industrial production
US weekly initial unemployment claims
Friday 9 August
Chinese inflation