The week ahead based upon political tensions - Rabobank

FXStreet (Guatemala) - Analysts at Rabobank noted that today is likely to prove quiet with only German PPI in terms of key data; as such, the focus is likely to stay on unfolding political events in various locations.

Key Quotes:

“Tomorrow has the RBA’s Debelle and Stevens speaking, UK public finances and CBI business survey, while in the US there is CPI and existing home sales”.

“Wednesday has Aussie CPI for Q2, seen edging up to 3.0% YoY on a headline basis”.

“Thursday has Japanese trade data and its Markit manufacturing PMI, the RBNZ’s rate decision (a hike is still seen as likely despite earlier soft CPI), the provisional Markit PMI for Germany, UK retail sales, and in the US there are new home sales and the Markit US PMI”.

“Friday has China’s HSBC manufacturing PMI for July, Japanese CPI, the German IFO survey, UK Q2 GDP, and the US durable goods reports”.

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