There are no major data releases from the UK yesterday, with focus on Brexit concerns. British voters will decide in a referendum on June 23 whether the country stays in the EU or leaves. The latest YouGov polls show those wanting to stay in the EU are gaining ground, while bookmakers see a one-in-three chance of Britain exiting.
There will be no major data releases from the UK tomorrow, so we can expect a bit steadier morning part of the session. In the US session Retail Sales, PPI and Empire State Manufacturing Index figures are scheduled for a release. Analysts predict 0.2% decrease in PPI and 0.1% fall in Retail Sales, while Empire State Manufacturing Index should increase to -10.3.
Figures to watch:
Retail Sales (Tuesday 13:30)
PPI (Tuesday 13:30)
Empire State Manufacturing Index (Tuesday 13:30)
UK still likely to leave the EU with a negotiated agreement, says Number 10
Sentix Investors Confidence rose to 14.7 in August
German factory orders -4.0% seasonally adjusted on the previous month
China's July exports growth still seen holding up despite U.S. tariffs: Reuters poll
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