Global Forecast (8-2-2021)

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Key Dates

August 2 – Germany retail sales for June.

August 2 – Germany manufacturing PMI for July.

August 2 – Brazil central bank yearly expectations, including inflation, GDP growth, debt, and current account.

August 2 – United States ISM manufacturing PMI for July.

August 2 – China Caixin manufacturing PMI for July. The consensus estimate is a reading of 50.8, down from June’s 50.9 result, as higher input prices, new Delta outbreaks, and policymakers pumping the brakes on industrial output create headwinds for China’s economic recovery.

August 3 – New Zealand central bank interest rate decision and statement.

August 3 – Spain unemployment data.

August 3 – New Zealand retail sales for June.

August 3 – China Caixin services PMI for July.

August 4 – Spain, Italy, Germany services PMI for July.

August 4 – UK composite and services PMI for July.

August 4 – United States non-farm employment for July.

August 4 – Canada building permits for June.

August 4 – United States ISM non-manufacturing PMI for July.

August 4 – United States crude oil inventories.

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