US 0730 ET Aug Challenger job cuts, Jul +576.1% y/y.
0830 ET Weekly initial unemployment claims expected -56,000 to 950,000, previous -98,000 to 1.006 million. Weekly continuing claims expected -535,000 to 14.000 million, previous -223,000 to 14.535 million.
0830 ET Revised Q2 nonfarm productivity expected 7.5%, previous +7.3%. Revised Q2 unit labor costs expected +12.0%, previous +2.2%.
0830 ET Jul U.S. trade deficit expected -$58.0 billion, Jun -$50.7 billion.
0945 ET Final-Aug Markit services PMI expected -0.1 to 54.7, prelim-Aug +4.8 to 54.8.
1000 ET Aug ISM services index expected -1.1 to 57.0, Jul +1.0 to 58.1.
1100 ET Treasury announces the amount of 3-year T-notes (previous $48 billion), 10-year T-notes (previous $38 billion, and 30-year T-bonds (previous $26 billion) to be auctioned Sep 8-10.
1230 ET Chicago Fed President Charles Evans (non-voter) discusses the economy and monetary policy in a virtual event hosted by the Lakeshore Chamber of Commerce.
ITALY 0345 ET Italy Aug Markit services PMI expected -2.1 to 49.5, Jul +5.2 to 51.6.
FRANCE 0350 ET Revised France Aug Markit services PMI, prelim-Aug +5.4 to 51.9.
GERMANY 0355 ET Revised German Aug Markit services PMI, prelim-Aug -4.8 to 50.8.
EUR 0400 ET Revised Eurozone Aug Markit composite PMI, prelim-Aug -3.3 to 51.6.
0500 ET Eurozone Jul retail sales expected +1.0% m/m and +1.9% y/y, Jun +5.7% m/m and +1.3% y/y.
UK 0430 ET Revised UK Aug Markit/CIPS services PMI, prelim-Aug +3.6 to 60.1.
