There's plenty to talk about today with market news. However eyes will already be turning to breakfast time tomorrow when the UK releases its inflation number. Analysts are expecting annualised growth of 8.2%. However the Bank of England threw the kitchen sink at the interest rate decision last time raising it 0.5%. Therefore some will be hoping the inflation figure will be lower than expected.
GBP/EUR has been steadily falling recently so that number could be the catalyst for a substantial move.
Prior to that there's US retail sales, Canadian inflation (3.5% annualised growth expected), and New Zealand inflation (5.9% annualised growth expected).
Business news gives a round up of global events. The Hong Kong stock exchange is closed today due to Typhoon Talim. Staying in that neck of the woods the Chinese property developer, Evergrande, announces losses of £81 billion. And finally rail drivers have announced a further 6 days of industrial action starting 31st July.
US: 13:30 Retail Sales
CAN: 13:30 Inflation Data
NZ: 23:45 Inflation Data
UK: Wednesday 07:00 Inflation Data
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