Economic calendar: retail sales from the UK and Canada in the spotlight 🔎

Today's macro calendar is relatively light and lacks events that could impact global financial markets. However, investors interested in the UK and Canadian markets should not be bored. In these countries, retail sales reports for June will be published. In the latter part of the day, interviews with Fed officials, including Williams and Bostic, may also provide interesting information.

Detailed calendar of the day

07:00 AM GMT, United Kingdom - Retail Sales Data for June:

• Retail Sales: actual -0.2% YoY; forecast 0.2% YoY; previous 1.7% YoY;
• Retail Sales: actual -1.2% MoM; forecast -0.6% MoM; previous 2.9% MoM;
• Core Retail Sales: actual -0.8% YoY; forecast 0.2% YoY; previous 1.6% YoY;
• Core Retail Sales: actual -1.5% MoM; forecast -0.5% MoM; previous 2.9% MoM;

07:00 AM GMT, Germany - Inflation Data for June:

• German PPI: actual -1.6% YoY; forecast -1.6% YoY; previous -2.2% YoY;
• German PPI: actual 0.2% MoM; forecast 0.1% MoM; previous 0.0% MoM;

01:30 PM GMT, Canada - Industrial Production for June:

• IPPI: previous 1.8% YoY;
• IPPI: forecast 0.2% MoM; previous 0.0% MoM;

01:30 PM GMT, Canada - Retail Sales Data for May:

Core Retail Sales: forecast -0.5% MoM; previous 1.8% MoM;

Retail Sales: forecast -0.5% MoM; previous 0.7% MoM;

03:40 PM GMT, United States - FOMC Member Williams Speaks

05:45 PM GMT, United States - FOMC Member Bostic Speaks

06:00 PM GMT, United States - EIA Data:

• U.S. Baker Hughes Oil Rig Count: previous 478;