Economic calendar: What to watch on Monday?

Summary:

• Swiss sight deposits data could shed more light on possible FX interventions
• Minutes from the latest meeting of the Romania’s central bank
• CPI from Czech Republic, monthly budget data from the US

8:00 am BST - CPI from Czech Republic for July

9:00 am BST - Sight deposits data from Switzerland: We got a large increase in sight deposits in the Swiss central bank late in July, a signal of possible FX interventions undertaken by the country’s central bank aimed at weakening the franc. Given the fact that upside pressure on the helvetic currency has not eased ever since, investors may eagerly watch at this release. Another notable increase could be considered as an increased willingness of the Swiss central bank to step in the FX market. 

11:00 am BST - CPI from Portugal for July (final)

1:00 pm BST - Minutes of the Romanian central bank

2:00 pm BST - Russian Q2 GDP: The consensus calls for a 0.8% YoY increase

7:00 pm BST - US monthly budget statement for July

10:00 pm BST - House sales data from New Zealand for July