Things To Look Out For Today - Events & Data (Ldn Times)...

Things To Look Out For Today - Events & Data (Ldn Times)...
Asia:
00:00am  - AUS CBA Australia PMI services (51.8)
00:00am  - AUS CBA Australia PMI Composite (52.0)
01:30am  - JPN Nikkei Japan PMI services
01:30am  - JPN Nikkei Japan PMI composite
02:00am  - NZ ANZ Commodity price
02:30am  - AUS GDP SA QoQ
02:30am  - AUS GDP YoY
02:45am  - China Caixin China PMI Composite
02:45am  - China Caixin China PMI Services
Europe:
08:15am  - SPA Markit Spain services PMI
08:15am  - SPA Markit Spain services PMI
08:45am  - ITL Markit/ADACI Italy services PMI
08:45am  - ITL Markit/ADACI Italy composite PMI
08:50am  - FRA Markit France services PMI
08:50am  - FRA Markit France composite PMI
08:55am  - GER Markit Germany services PMI
08:55am  - GER Markit/BME  Germany composite PMI
09:00am  - EU Markit Eurozone services PMI
09:00am  - EU Markit Eurozone composite PMI
09:30-am  - ECB's Praet speaks in Vienna
09:30am  - UK Marlit/CIPS UK services PMI
09:30am  - UK Marlit/CIPS UK composite PMI
10:00am  - EU Retail sales MoM
10:00am  - EU Retail sales YoY
12:45pm  - Merkel, Czech Republic's Babis hold talks in Berlin
US:
12:00pm  - U.S. Mortgage applications
13:30pm  - CAN Int'l Merchandise trade
13:30pm  - CAN Labor productivity QoQ
13:30pm  - U.S. Trade balance
15:00pm  - CAN Rate decision
Market Focus this morning...
  -  Australia’s central bank chief Philip Lowe reiterated that his next interest-rate move is likely to be up, but unlikely to happen soon. The wildcard: whether the currency keeps pushing lower.
  - “The Australian economy is moving in the right direction,” Lowe said in the text of a speech in Perth Tuesday, having earlier kept rates unchanged at a record-low 1.5 percent for a 23rd meeting. “We are seeking to be a source of stability and confidence, as further progress is made towards full employment and having inflation return to around the midpoint of the target range.”
  - Emerging-market currencies headed for the lowest close this year, with South Africa’s rand leading losses. Declines in Treasuries, gold and the yen left investors with few havens. Oil climbed as a storm threatened U.S. production on the Gulf Coast.
  - Comments by Fed's Bullard included that most of his colleagues saw a high chance of a September hike. He added that the Fed were about where they need to be on rates.
  - Chancellor Merkel commented on Brexit saying that a breakdown of talks cannot be ruled out but added a very intensive trade deal was the most likely outcome.