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US retail sales data expected to show increase in July
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Q2 GDP report from Poland
European stock markets opened slightly lower today as investors await key hard data from the United States. Retail sales reading for July will show how US spending coped amid expiring unemployment benefits. Apart from that, investors will be served US industrial production data and Michigan consumer sentiment index.
9:00 am BST - Poland, GDP report for Q2 2020. Expected: -9.6% QoQ. Previous: -0.4% QoQ
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Open account Try demo Download mobile app Download mobile app10:00 am BST - Euro area, GDP report for Q2 2020 (revision). Preliminary release: -12.1% QoQ
1:30 pm BST - US, retail sales for July.
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Headline. Expected: 1.8% MoM
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Ex-autos. Expected: 1.6% MoM
2:15 pm BST - US, industrial production for July. Expected: 3% MoM. Previous: 5.4% MoM
3:00 pm BST - US, UoM Consumer Sentiment for July. Expected: 72. Previous: 72.5
6:00 pm BST - US, oil rig count. Previous: 176
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