Here are some of the important economic data that will be the focus of the market throughout the week.
China Manufacturing and Services PMI Data (Wednesday 9.00am): As the second largest economy in the world, the economic sector in China will be monitored by investors in assessing the health of the global economy. The latest reading of PMI data for June is still expected to record a positive reading.
European Inflation Data (Wednesday 5.00pm): The preliminary reading of annual inflation in Europe is expected to decline slightly to 1.9% compared to a 2.0% increase on the previous reading.
European Manufacturing PMI Data (Thursday 4.00pm): The final reading for the European manufacturing sector is expected to record an unchanged reading of 63.1 points as the previous reading.
UK Manufacturing PMI Data (Thursday 4.00pm): Also follows the final reading for the manufacturing sector in the UK which will be published jointly at the European session. No change in reading figures is expected.
US Manufacturing PMI Data ISM Survey (Thursday 10.00pm): This economic indicator data will be of interest to investors to assess the health of the US economy. The readings show a positive trend for the past few months.
US NFP Employment Data Report (Friday 8.30pm): Being the main focus this week is the US NFP report with job growth expectations to increase to 700,000 for June. The unemployment rate is also forecast to decline.
