Key Global Events and Data Expected This Week (July 20 – July 24)

Global markets start the week with a public holiday in Japan for Marine Day, while investors await the People's Bank of China's decision on benchmark loan rates.

Attention turns to the European Central Bank's monetary policy meeting, expected to keep rates unchanged, alongside UK inflation data and Germany's producer price index.

Also scheduled are economic activity indicators, both manufacturing and services, for several major economies, including the United States, United Kingdom, and the eurozone.

Report on expected events this week

Date

Country

Event

Expected Reading

Previous Reading

Notes

Monday

July 20

Japan

Public Holiday

For Marine Day

China

1-Year Loan Prime Rate

3%

3%

Set monthly

5-Year Loan Prime Rate

3.5%

3.5%

Set monthly

United Kingdom

Rightmove House Price Index

-0.6%

July reading – month-on-month

Germany

Producer Price Index

-0.2%

0.3%

June reading – month-on-month

Tuesday

July 21

United Kingdom

Claimant Count Change

28.3k

31.2k

June reading

Average Earnings

4.5%

4.4%

3-month average to May – year-on-year

Net Borrowing

Public Sector

18.2 billion

Pounds

23.3 billion

Pounds

June reading

Unemployment Rate

4.9%

4.9%

May reading

Germany

ZEW Investor Confidence Index

15.7 points

10.5 points

July reading

Eurozone

ZEW Investor Confidence Index

11.5 points

9.5 points

July reading

United States

ADP Private Payrolls Change (Weekly)

19.8k

Wednesday July 22

Japan

Trade Balance

-540 billion

-90 billion

June reading

United Kingdom

CPI (Inflation Rate)

2.7%

2.8%

June reading

Core CPI

2.5%

2.6%

June reading

House Price Index

3.9%

3.8%

May reading – year-on-year

United States

Crude Oil Inventories

-1.7 million

barrels

Weekly data

Thursday

July 23

Eurozone

Interest Rate Decision

2.4%

2.4%

ECB Press Conference

Consumer Confidence

Consumer

-17 points

-18 points

July reading

United States

Jobless Claims

Unemployment

211k

208k

Weekly data

Natural Gas Storage

Natural

41 billion cubic feet

cubic

Weekly data

Friday July 24

Japan

CPI (Inflation Rate)

Core

1.6%

1.4%

June reading

S&P Global Manufacturing PMI

55 points

54.8 points

July flash reading

United Kingdom

GfK Consumer Confidence Index

-21 points

-23 points

July reading

Retail Sales

-0.1%

1.2%

June reading – month-on-month

Manufacturing PMI

52.1 points

52.5 points

July flash reading

Services PMI

49.4 points

48.8 points

July flash reading

Germany

GfK Consumer Confidence Index

-28.5 points

-29.2 points

July reading

Manufacturing PMI

50.5 points

50.3 points

July flash reading

Services PMI

49 points

48.6 points

July flash reading

Eurozone

Manufacturing PMI

51.6 points

51.4 points

July flash reading

Services PMI

49.8 points

49.4 points

July flash reading

United States

S&P Global Manufacturing PMI

54.5 points

53.9 points

July flash reading

S&P Global Services PMI

51.4 points

51.2 points

July flash reading

New Home Sales

New

604k

580k

June reading

{{displayname}}

{{profession}}

{{followercount}}

{{aboutme}}