What a scorcher we have next week
The first week of August is going to be massive for the BOE and fed. Here's a snapshot of what we're getting (Times are BST cos it's my calendar :-P )
Econ data
The highlights are:
- Big manufacturing data from China this weekend and then from Europe, UK and US Monday
- Tuesday - US factory orders
- Wednesday - UK services PMI, EZ retail sales and a sniff at the jobs picture from ADP, then ISM non-manufacturing
- Thursday - German manufacturing, BOE MPC meeting with the minutes released and the quarterly inflation report
- Friday - The huge Canadian jobs report and minor US non-farm payrolls
US jobs is going to be a big one but the BOE meeting could be a massive announcement for the UK rate picture
It looks like we have our work cut out on the preview front ;-)