Economic calendar: Quiet start of the week

• Stocks in Europe set for lower opening
• NY Empire State Manufacturing
• Canada wholesales and manufacturing sales figures

Futures markets point to a slightly lower opening of today's cash session on the Old Continent following a mixed performance of equities during the Asian session as the new data from China showed activity slowed more than expected in July.

Today's economic calendar is almost empty, as it is often the case for Mondays. NY Empire State Manufacturing together with Canada's wholesales and manufacturing sales figures will be released in the afternoon but it rarely has a big impact on the market. There are no noteworthy earnings releases scheduled for today so traders should look out for headline news as potential volatility triggers. 

1:00 pm BST - Poland, Core inflation rate YoY for July. Expected: 3.6% Previous: 3.5% 

1:30 pm BST - US, NY Empire State Manufacturing Index for August. Expected: 35. Previous: 43 

1:30 pm BST - Canada, Manufacturing sales MoM for Jun. Expected: -0.3%. Previous: -0.6% 

1:30 pm BST - Canada, Wholesale sales MoM for Jun. Expected: 0.1%. Previous: 0.5%