06:00 EUR German Gross Domestic Product Q2 (QoQ)

Forecast: 0.2% Previous: 0.5%

Change in the inflation-adjusted value of all goods and services produced by the economy. It’s the broadest measure of economic activity and the primary gauge of the economy’s health.

08:30 GBP Consumer Price Index July (YoY)

Forecast: 2.3% Previous: 2.4%

Measures the change in prices for retail goods and services, including food and gas. The CPI is the key measure of inflation for the UK and is used by the Bank of England in making interest rate decisions. The report tracks changes in the price of a basket of goods and services that a typical British household might purchase.

08:30 GBP Consumer Price Index July (MoM)

Forecast: -0.1% Previous: -0.4%

Measures the change in prices for retail goods and services, including food and gas. The CPI is the key measure of inflation for the UK and is used by the Bank of England in making interest rate decisions. The report tracks changes in the price of a basket of goods and services that a typical British household might purchase.

09:00 EUR Euro-Zone Gross Domestic Product Q2 (QoQ)

Forecast: -0.2% Previous: 0.0%

Measure of the total value of goods and services produced by Euro-zone nations. It’s the broadest measure of economic

activity and the primary gauge of the economy’s health.

09:00 EUR German ZEW Survey (Economic Sentiment) August

Forecast: -19.3 Previous: -19.6
Level of a diffusion index based on surveyed German institutional investors and analysts. It’s a leading indicator of economic health – investors and analysts are highly informed by virtue of their job, and changes in their sentiment can be an early signal of future economic activity.

12:30 USD Retail Sales July

Forecast: 0.3% Previous: -0.5%

Change in the total value of sales at the retail level. It’s the primary gauge of consumer spending, which accounts for the majority of overall economic activity.

12:30 USD Producer Price Index July (YoY)

Forecast: 0.5% Previous: 0.7%

Change in the price of finished goods and services sold by producers. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation.

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