‘Happy the man, and happy he alone,
He who can call today his own;
He who, secure within, can say,
Tomorrow, do thy worst, for I have lived today.’ John Dryden (1631-1700)
Australian July jobless rose to 5.3% from 5.1% in June despite 23.5K new jobs created.
British Summer Time, with expectations and previous figures in brackets.
06:00 JP July Consumer Confidence 43.4, Households 43.3, versus 43.6 and 43.5 June.
09:00 EZ16 ECB Monthly Report.
10:00 EZ16 June Industrial Production (-0.5% to +0.8% M/M, +8.9% to +9.5% Y/Y, versus +1.0% and +9.6% May).
13:30 US July Import Price Index (-0.2% to +0.6% M/M, +5.0% to +5.7% Y/Y, versus –1.3% and +4.5% June).
13:30 US Weekly Jobless Claims (450K to 480K, Continuing Claims 4490K to 4600K, vs 479K and 4537K prior week).
15:00 US Fed’s Duke speaks at a public hearing on the Community Reinvestment Act, Chicago, together with people from the FDIC, Office of the Comptroller of Currency and Office of Thrift.
18:00 US result of 30-year TBond auction.
Japan PM Kan says yen gains ‘rough’ as he discusses FX with the finance ministry’s Tamaki.
US banks foreclosed on 92,858 properties in July, the second highest number after May’s 93,777.
Today’s Most Interesting Chart: Nikkei 225
Dipping to a new low for this year and key long term support.