• Markets Closed in the U.K. for Bank Holiday
Economic calendar is quite light today. GDP figures from Italy and German states' CPI readings will be the key releases of the European session while Dallas Fed Manufacturing Index will be on watch during US trading hours. UK market is shut today due to the Summer Bank Holiday. Meantime, Salesforce, Amgen and Honeywell will be included in the Dow, replacing longtime component Exxon Mobil, Pfizer and Raytheon Technologies while Apple and Tesla stock split also took effect today.
09:00 BST – Italy GDP - pre. Expected: -17.3%(y/y). Previous: -5.5%(y/y)
13:00 BST – Germany Consumer Price Index - pre. Expected: 0.1%(y/y) Previous: -0.1%(y/y)
13:00 BST – Germany Harmonised Index of Consumer Prices - pre. Expected: 0.1%(y/y) Previous: -0.0 %(y/y)
13:30 BST - Canada Building Permits (JUL). Expected: -0.5%(Mom) Previous: 6.2 %(MoM)
13:30 BST - Canada Raw Material Price Index(Jul). Expected: 6.9 %. Previous: 7.5 %
13:30 BST - Canada Industrial Product Price (Jul). Expected: 0.5 % (MoM). Previous: 0.4 %(MoM)
13:30 BST - Dallas Fed Manufacturing Index. Previous: -3.0
14:00 BST - FOMC Member Clarida Speaks
Noteworthy US earnings
• Zoom Video Communications (ZM.US) - after market close