... grounds for a dovish tone from the Bank of England, while a new spike in price growth would reinforce hawkish sentiments. Eurozone: Preliminary estimates suggest that annual inflation in the currency block held steady at 2.0% in July – exactly at the ECB's target and unchanged from June. This indicates successful pressure relief on prices: the era of double-digit inflation in Europe is behind. Investor attention will shift to the core CPI index, which remains above a comfortable level (around 2.7%)....

... inventory data from the American Petroleum Institute (API) will offer initial guidance ahead of the official EIA report, potentially affecting crude oil prices. Impact on Europe and the United States Europe: Germany’s inflation data could impact the ECB’s monetary stance, shaping market expectations across the Eurozone. Additionally, decisions made at the OPEC conference might affect energy costs, influencing European industries and households. United States: The WASDE report may shift dynamics ...

... the state of the world’s second-largest economy. Special attention will be paid to export figures: a slowdown in exports amid the new US tariffs would heighten concerns about global economic growth prospects. European Economy: Germany's Industry and ECB Review 09:00 (Germany): Industrial production volume for June. The activity level of factories and plants in Germany serves as a barometer for the industrial state of the leading EU economy. A decline in output will amplify recession fears in the ...

... lowest levels in the recent period. The new report will show whether price growth has remained contained into the end of summer. A slowdown in annual inflation (even closer to the European Central Bank's target of 2%) would be a positive signal for the ECB and European markets, confirming the effectiveness of previous rate hikes. However, an unexpected acceleration in price growth (for example, due to rising energy prices) would increase pressure on the ECB to pursue further monetary policy tightening....

... PMI will show how the largest manufacturing power is handling external and internal challenges, while the Bank of Japan's decision will influence investor sentiment toward emerging markets. European data on inflation and employment will help assess ECB policy prospects. Against this backdrop, the day’s corporate results are highly significant: morning reports from Mastercard and other companies in services and pharma will signal consumer spending habits and health status (via pharma companies' ...