Stocks trade in a volatile manner as market participants digest the Fed's Beige Book. The report said economic activity has been slow in most of the 12 Federal Reserve districts.
The stock market heads toward session lows with all ten economic sectors in negative territory.

Stocks had been paring losses, but the trend has reversed on the release of the Fed's Beige Book, which is a survey of anecdotal regional economic activity.
The Fed sees moderate wage pressure as hiring slows and that almost all districts are seeing price pressures. Fed also says mortgage loan demand is weakening and economic activity has been slow.
All three of the major indices have slipped on the news.

"Pace of econ activity has been slow in most Districts." Cleveland & St Louis weakened, Boston-NY stabilized, KC improved. Consumer spending is slow as price pressures continue from high food-energy & high input costs. Mfg was weak or declining, real estate moved down. Labor mkt is unch & wage gains moderate. Bank lending was steady/slowing. Farm sector is in drought. Book was prepared at Philly Fed based on info collected on or before Aug 25. July's beige book (prepared pre-Jul 14) said "pace of econ activity slowed somewhat" - so currrent summary is a tad stronger.

The euro pared losses versus the dollar on investors' reluctance to sell the currency before the ECB's policy meeting tomorrow, according to Stephen Malyon, co-head of currency strategy at Scotia Capital Inc. in Toronto.
ECB President Jean-Claude Trichet and his colleagues will hold the benchmark at a seven-year high of 4.25 percent, according to all but one of the 53 analysts surveyed by Bloomberg News. ECB council member Axel Weber said last week that inflation leaves no room for rate cuts.
``The expectation is that Trichet will remain hawkish on inflation despite the recent growth slowdown in Europe,'' Malyon said. ``If we do see renewed deterioration in the U.S. economy, the euro may snap back against the dollar.''

European reports showed retail sales and business investment dropped and crude oil extended its decline.
The yen rose for a fifth day against the euro and increased to a two-year high versus the New Zealand dollar as signs of a global economic slowdown led investors to sell higher-yielding assets and pay back loans in Japan. The Canadian dollar rose for the first time in a week after the central bank said the economy is ``still close'' to its production capacity.
``The market hasn't fully comprehended the magnitude of the sharp slowdown in the euro zone,'' said Matthew Strauss, a senior currency strategist in Toronto at RBC Capital Markets Inc., a unit of Canada's biggest bank by assets. ``Commodities are under pressure again. It reinforced the dollar-bullish trend and euro-negative trend.''

Germany's econ looks better than others in EMU, worried about growing intra-EMU inflation spread. German growth of 1.9% possible this year.

The stock market stabilizes near recently reached session lows.
Within the S&P 500, 353 stocks are posting a loss. Weakness is led by tech names, which take up eight of the top ten laggard spots. Exxon Mobil (XOM 77.74, +0.42) and Procter & Gamble (PG 71.14, +0.67) are showing leadership.

Investors welcomed a report showing a stronger-than-expected rise in factory orders, but remained wary about the economic outlook.

July factory orders rose 1.3%, the government reported, from an upwardly revised 2.1% in June. Economists surveyed by Briefing.com thought orders would rise just 1% in the month.
The report is the latest to show that the economic slowdown appears to be stabilizing.
Lehman Brothers inched higher on reports that Korea Development Bank has offered to buy a 25% stake in the troubled financial services firm for as much as $5.3 billion.
Shares of Corning fell 6.7% after the company warned that third-quarter sales and earnings won't meet forecasts due to weaker shipments of its glass used in flat-screen televisions and computers.
Staples reported weaker quarterly earnings that were in line with forecasts. Shares of the retailer rose 1.4% in early trading.
Coca-Cola said it will buy Chinese juice maker China Huiyuan Juice Group Ltd. in a $2.5 billion all-cash deal. Coke shares slipped 1%.
In the bond market, Treasury prices inched higher, lowering the yield on the benchmark 10-year note to 3.72% from 3.73% late Tuesday.
COMEX gold for December delivery fell 10 cents to $810.40 an ounce after plunging nearly $25 in the previous session
U.S. light sweet crude oil for October delivery fell $1.42 to $108.29 a barrel after tumbling $5.75 a barrel Tuesday to settle at a nearly five-month low.

Economists at Nomura say in the factory report, "most major industries reported stronger orders. While some of the gain may reflect higher prices (e.g., steel, petroleum, food, and other basic commodities), the growth in demand for manufactured goods is an encouraging sign."

The stock market fluctuates near the unchanged mark. Six of the ten sectors are posting a loss, with tech (-0.9%) and utilities (-0.9%) the worst performing areas. The consumer discretionary sector (+0.6%) is posting the largest gain thanks to strength in retailers (+1.4%).
Standard and Poor's downgraded the credit ratings of regional banks First Horizon (FHN 11.05, -0.64) and National City (NCC 4.93, -0.13). Zions Bancorp (ZION 30.13, +0.68) and Regions Financials (RF 10.98, -0.07) had their ratings affirmed, but their outlooks were revised to negative from stable.
The financial sector is up 0.2%.

Economist Steve Wood at Insight Economics says factory orders show mfg reviving: "Factory activity climbed in July for the fifth consecutive month. Moreover, this month's increase was due less to higher prices and more to higher volumes." RDQ says factories are holding up well in the Commerce Dept data but not in the ISM orders.

The stock market recovered some losses and then gets a modest boost on the release of the economic data. The major indices trade with a slight gain.
Financial stocks (unch) are in focus this morning. Goldman Sachs (GS 164.04, -1.28) had its third quarter and fiscal year 2008 earnings estimates cut at Credit Suisse. The firm cited the the widening in the cost of asset price declines/spread, weaker trading volumes, and sparse investment banking activity.
Lehman Brothers (LEH 16.40, +0.27) is once again in focus. A commodity hedge fund that Lehman has a 20% stake in will close down after losing 27% in August, according to Bloomberg.com. There are continued reports of possible interest in the struggling investment bank, including HSBC (HBC 78.25, -0.23).

Futures are steadily recovering from their premarket lows, although a lower start to the trading day is still indicated: S&P futures vs fair value: -2.2. Nasdaq futures vs fair value: -4.8.

- Overnight rate target remains at 3.00%, bank rate at 3.25%

Recovery off European morning lows of $1.4385 extend back to test broken support at $1.4450. Offers seen placed between $1.4450/60, a break above to open a move on toward $1.4480/85. The $1.4510 level holds digital option interest. Bids seen in place back at $1.4410/00.

EUR/USD $1.4500
USD/JPY Y109.30, Y108.75, Y108.60, Y108.05/00
AUD/NZD NZ$1.2285
USD/CAD C$1.0545

The euro fell to the lowest in more than seven months against the dollar after reports showed business investment, exports and retail sales declined, adding evidence of an economic slump in the single-currency region.
The 15-nation currency also dropped to a five-month low versus the yen on speculation the European Central Bank will signal concern tomorrow the economic outlook in the region is deteriorating. The pound traded near a two-year low against the dollar on concern the U.K. is headed for a recession. The South Korean won was at the weakest in four years on speculation international investors are selling the country's assets.
European retail sales fell 0.4 percent in July from June, the European Union's statistics office said from Luxembourg today. They were forecast to rise 0.1 percent, according to the median forecast of economists.
Investment by companies slid 1.2 percent, the first decline in five years, and household spending dropped 0.2 percent after stagnating in the previous three months, separate EU data showed today. Overall gross domestic product fell 0.2 percent, matching an initial estimate published on Aug. 14.
The dollar rose against the yen earlier on speculation a decline in oil prices will support economic growth in the world's largest energy consumer. Crude oil for October delivery fell 1.3 percent to $108.32 a barrel, near a five-month low of $105.46 reached yesterday.
The pound was at 81.36 pence per euro, near a record low of 81.64 pence reached yesterday. British consumer confidence stayed at a four-year low in August, according to a survey published today by Nationwide Building Society, the nation's second-biggest mortgage lender. The Bank of England will keep its target lending rate at 5 percent tomorrow, according to all economists.
Gains in the dollar may be limited by speculation a weakening U.S. labor market will damp consumer spending.
U.S. nonfarm payrolls fell by 75,000 jobs in August, faster than the previous month's decline of 51,000, according to the median estimate before the Labor Department releases the report Sept. 5.

EUR/USD falling to a $1.4385 low, still trading heavy ahead of the US open around $1.4400. Bids $1.4370/65, stops below $1.4360, bids $1.4350, offers $1.4430.

GBP/USD falling to lows of $1.7669. Recovery was boosted by release of stronger than expected CIPS PMI data, holding above $1.7700 ahead of NY open. Bids $1.7670-50,

$1.7610/00. Offers $1.7740, $1.7750/60.

USD/JPY was pulled lower by the cross move, managing to hold just above the Asia high, though remaining heavy into the US session. Bids Y108.50/40, stops below, bids Y108.00, Y107.80/70.

Key economic data from US today is Factory orders (14:00 GMT), crude oil inventories at 14:35 GMT and Beige Book at 18:00 GMT. BOC will announce its rate decision at 13:00 GMT.

BAS sees "renewed weakness and near 1% real GDP growth in the second half of the year. Housing decline, financial stress, and continued high energy and commodity costs continue to exact a toll."

The euro fell to the lowest in more than seven months against the dollar after reports showed business investment, exports and retail sales declined, adding evidence of an economic slump in the single-currency region.
The 15-nation currency also dropped to a five-month low versus the yen on speculation the European Central Bank will signal concern tomorrow the economic outlook in the region is deteriorating. The pound traded near a two-year low against the dollar on concern the U.K. is headed for a recession. The South Korean won was at the weakest in four years on speculation international investors are selling the country's assets.
European retail sales fell 0.4 percent in July from June, the European Union's statistics office said from Luxembourg today. They were forecast to rise 0.1 percent, according to the median forecast of economists.
Investment by companies slid 1.2 percent, the first decline in five years, and household spending dropped 0.2 percent after stagnating in the previous three months, separate EU data showed today. Overall gross domestic product fell 0.2 percent, matching an initial estimate published on Aug. 14.
The dollar rose against the yen earlier on speculation a decline in oil prices will support economic growth in the world's largest energy consumer. Crude oil for October delivery fell 1.3 percent to $108.32 a barrel, near a five-month low of $105.46 reached yesterday.
The pound was at 81.36 pence per euro, near a record low of 81.64 pence reached yesterday. British consumer confidence stayed at a four-year low in August, according to a survey published today by Nationwide Building Society, the nation's second-biggest mortgage lender. The Bank of England will keep its target lending rate at 5 percent tomorrow, according to all economists.
Gains in the dollar may be limited by speculation a weakening U.S. labor market will damp consumer spending.
U.S. nonfarm payrolls fell by 75,000 jobs in August, faster than the previous month's decline of 51,000, according to the median estimate before the Labor Department releases the report Sept. 5.

EUR/USD $1.4500
USD/JPY Y109.30, Y108.75, Y108.60, Y108.05/00
AUD/NZD NZ$1.2285
USD/CAD C$1.0545

Resistance 3: Y110.30
Resistance 2: Y109.80
Resistance 1: Y109.20
Current price: Y109.02
Support 1: Y108.40
Support 2: Y107.40
Support 3: Y107.00
Comments: Tech on yen has't changed. Below Y108.40 dollar’s decline may accelerate and reach Y107.40 then trend line from Mar 17 at Y107.00. Nearеst resistance comes at Y109.20 (Sep 02 high), with further – on Y109.80 channel line.

Resistance 3: Chf1.1360
Resistance 2: Chf1.1180
Resistance 1: Chf1.1175
Current price: Chf1.1151
Support 1: Chf1.1050
Support 2: Chf1.0980
Support 3: Chf1.0880
Comments: Tech on USD/CHF has't changed. Nearеst support is session low on Chf1.1050. Below Chf1.1050 dollar’s decline may accelerate and reach Chf1.0980 then last week’s lows around Chf1.0880. Minor resistance comes at Chf1.1175 (session high), then – on Chf1.1180 (Jan 07 highs). Above the rebound may extend to channel line on Chf1.1360.

Resistance 3: $1.8130
Resistance 2: $1.7940
Resistance 1: $1.7850
Current price: $1.7745
Support 1: $1.7700
Support 2: $1.7600
Support 3: $1.7560
Comments:Tech on GBP/USD has't changed. Pound continues to weaken with interim support comes at session low on $1.7670. Break under will widen losses to $1.7600 then to $1.7560. Minor resistance is near session high on $1.7850. Above thepound’s correction may extend to $1.7940 and then – Monday’s high on $1.8130.

Resistance 3:$1.4840
Resistance 2: $1.4720
Resistance 1: $1.4530
Current price: $1.4398
Support 1: $1.4365
Support 2: $1.4300
Support 3: $1.4260
Comments: The euro continues to sustain losses. Resistance is around session high on $1.4530 with a break above will target Monday’s highs on $1.4720. Above the resistance comes at channel line on $1.4840. Interim support is Jan 22 low on $1.4365. Below losses may widen to $1.4300 then support comes at $1.4260.

EUR/USD
Bids $1.4390, with stops at $1.4365
Offers $1.4465, $1.4480

GBP/USD
Offers $1.7730/35

EUR/JPY
Bids Y156.10
Offers Y157.50

The euro fell to the lowest in more than seven months against the dollar before reports that will probably show European consumers are spending less as the economy contracts.
The 15-nation currency approached the lowest in five months versus the yen on speculation the European Central Bank will signal concern about the region's economy this week. The pound traded near a two-year low against the dollar on concern the U.K. is heading for a recession as house prices plunge.
European retail sales fell 2.1 percent in July from a year earlier, after a record 3.1 percent decline the previous month, according to the median forecast of 18 economists surveyed by Bloomberg News. The European Union's statistics office, which started to compile the data in 1995, is scheduled to release the report at 11 a.m. today in Luxembourg.
Revised data today may confirm that the euro zone economy shrank 0.2 percent in the second quarter, the first contraction since the euro's debut in 1999.
The dollar rose against the yen on speculation a decline in oil prices will support economic growth in the world's largest energy consumer.
The pound was at 81.47 pence per euro, near a record low of 81.64 pence reached yesterday. U.K. consumer confidence stayed at a four-year low in August, according to the findings of a survey published today by Nationwide Building Society, the nation's second-biggest mortgage lender. The Bank of England will keep its target lending rate unchanged at 5 percent tomorrow, according to all of the 61 economists surveyed.
U.K. inflation will reach about 5 percent in coming months and may slow to below the central bank's 2 percent target in two years if the benchmark rate remains unchanged, BOE Governor Mervyn King said Aug. 13.
Gains in the dollar may be limited by speculation a weakening U.S. labor market will damp consumer spending. U.S. nonfarm payrolls fell by 75,000 jobs in August, faster than the previous month's decline of 51,000, according to the median estimate before the Labor Department releases the report Sept. 5.

Japan's stocks fell a second day, led by commodity-related companies, after oil dropped to the lowest in four months and the resignation of Prime Minister Yasuo Fukuda shook confidence in the government's economic policies.

Inpex Holdings Inc., Japan's biggest oil explorer, dropped 6.7 percent, the most in a month, while rival Japan Petroleum Exploration Co. lost 5.1 percent. Mitsui & Co., which gets more than half its profit from commodities trading, sank 5.4 percent.
Fukuda quit just a month after changing his Cabinet, ending less than a year in office marred by gridlock with the opposition over taxes, security and leadership of the central bank.
The Nikkei 225 Stock Average tumbled 224.71, or 1.8 percent, to 12,609.47 at the close of Tokyo trading, reversing a morning gain and extending yesterday's 1.8 percent decline. The broader Topix index dropped 18.27, or 1.5 percent, to 1,212.37. Almost nine shares retreated for each that gained on the Topix.
Inpex fell 76,000 yen to 1.067 million yen, the sharpest drop since Aug. 1 and the biggest loser on the Nikkei. Japan Petroleum Exploration dropped 360 yen to 6,750 yen. Mitsui, Japan's second-largest trading company, lost 103 yen to 1,790 yen. Gauges tracking oil explorers and trading companies were the two- biggest losers among Topix industry groups.
Other commodities also retreated, with a measure of six metals on the London Metal Exchange, including zinc and copper, falling 2.4 percent yesterday, the lowest in two weeks. China shares today declined to a 19-month low.
Nippon Mining Holdings Inc., Japan's biggest copper producer, dropped 5.1 percent to 558 yen. Toho Zinc Co., Japan's fourth- largest producer of non-ferrous metals, sank 6.2 percent to 332 yen, the sharpest sell-off since Aug. 4.
Nippon Yusen K.K., the nation's largest shipping company by sales, dropped 2.3 percent to 836 yen, while Mitsui O.S.K. Lines Ltd., the No. 2, fell 2.4 percent to 1,238 yen.

European stocks climbed to a three- week high after oil's decline eased concern rising fuel costs will spur inflation and curb earnings at airlines and retailers.
British Airways Plc, Europe's third-largest carrier, rallied 4.4 percent and Metro AG, Germany's biggest retailer, gained for a fourth day as crude traded at a five-month low. Taylor Wimpey Plc and Persimmon Plc led an advance in U.K. builders, jumping more than 8 percent each, after Prime Minister Gordon Brown suspended a homebuyer tax and brought forward 1 billion pounds ($1.8 billion) of spending.
National indexes increased in all 18 western European markets except Norway as oil companies weighed on the country's benchmark. The U.K.'s FTSE 100 added 0.3 percent while France's CAC 40 and Germany's DAX increased 1.5 percent.
Carrefour SA, the world's second-largest retailer, and Carnival Corp., the biggest cruise-line company, also led gains among consumer-related companies as oil's slide eased concern that higher fuel bills will curb spending.
The dollar climbed to its highest since February against the euro on speculation lower oil prices will support economic growth in the U.S., the biggest energy consumer. The U.S. currency rose to $1.7783 versus the pound, the strongest since April 2006.
Deutsche Lufthansa AG, Europe's second-biggest airline, climbed 4.2 percent to 15.63 euros.
Crude oil sank to as low as $105.46 a barrel in New York as producers and refiners prepared to restart output and started assessing the damage to production facilities after Hurricane Gustav struck the U.S. Gulf Coast.

U.S. stocks erased an earlier rally as a retreat in commodity producers overshadowed gains in airlines and automakers after Hurricane Gustav spared drilling platforms in the Gulf of Mexico, sending oil to a five-month low.
Alcoa Inc., Exxon Mobil Corp. and Chevron Corp. fell more than 2 percent each. Coal producers Peabody Energy Corp. and Massey Energy Co. led all 39 energy companies in the Standard & Poor's 500 Index lower. EBay Inc. slumped 3.5 percent as Stifel Nicolaus & Co. reduced its price estimate for the largest Internet auction site, while Apple Inc. tumbled after Thomas Weisel Partners cut profit estimates. Delta Air Lines Inc. climbed more than 14 percent as crude slid below $110 a barrel.
The S&P 500 Index fell 5.86 points, or 0.5 percent, to 1,276.97 at 2:47 p.m. in New York. The Dow Jones Industrial Average lost 4.56 points to 11,538.99 after earlier rallying almost 247 points. The Nasdaq Composite Index slid 20.36 to 2,347.16. About four stocks fell for every three that rose on the New York Stock Exchange.

The dollar rose to the highest level against the euro in almost seven months as crude oil fell and traders speculated that the Federal Reserve's monetary policy will help the U.S. economy outperform Europe and Asia.
The pound fell to a two-year low versus the greenback on evidence a recession in the U.K. is looming. Australia's dollar declined to the weakest level in almost a year after the country's central bank cut interest rates for the first time since 2001 and said economic growth will slow. The pound depreciated as much as 0.6 percent to 81.64 pence per euro, the weakest level since the European currency's debut. U.K. mortgage approvals dropped to the lowest level in nine years and manufacturing contracted, reports showed yesterday.
The Bank of England will keep the target lending rate unchanged at 5 percent on Sept. 4, according to all of the economists surveyed.
Standard Chartered Plc and BNP Paribas SA raised their forecasts for the dollar. London-based Standard predicts the dollar will rise to $1.44 per euro by year-end and $1.36 by the end of the first quarter, compared with previous forecasts of $1.49 and $1.42. BNP, based in Paris, forecasts the dollar will rise to $1.42 versus the euro and $1.71 per the pound by year- end, stronger than $1.45 and $1.88 previously.
The U.S. currency surged 6 percent versus the euro in August, its biggest monthly gain since the European currency's debut in 1999. The economies of Europe and Japan shrank in the second quarter, while U.S. gross domestic product expanded at a 3.3 percent annual pace.
The European Central Bank to hold its main refinancing rate at a seven-year high of 4.25 percent at its meeting Sept. 4.

EUR/USD eased down from $1.4595 to $1.4463
GBP/USD refreshed 2-years lows on $1.7670.
USD/JPY rise from Y107.75 to Y109.20.

EU GDP (Q2) preliminary report is due to come at 09:00 GMT today and may weight on euro’s move ahead of ECB rate decision.
Later focus will be on Canada BOC meeting announcement (13:00 GMT), at 14:00 GMT US Factory orders (July) and Weekly oil stocks (14:35 GMT).

Japan's benchmark stock indices ended the day higher across the board, boosted by the weaker yen and dip-buying. The benchmark Nikkei 225 was up 80.12 points, or 0.64%, to stand at 12689.59. The broader-based TOPIX was higher by 8.18 points at 1220.55.

Resistance 3: Y110.30
Resistance 2: Y109.80
Resistance 1: Y109.20
Current price: Y109.02
Support 1: Y108.40
Support 2: Y107.40
Support 3: Y107.00
Comments: USD/JPY rebounds within the the downward channel from Aug 15, limited by Y107.40/Y109.80 (key support and resistance respectively). Nearеst resistance comes at Y109.20 (Sep 02 high), with further – on Y109.80 channel line. Below Y108.40 dollar’s decline may accelerate and reach Y107.40 then trend line from Mar 17 atY107.00.

Resistance 3: Chf1.1360
Resistance 2: Chf1.1180
Resistance 1: Chf1.1145
Current price: Chf1.1085
Support 1: Chf1.1050
Support 2: Chf1.0980
Support 3: Chf1.0880
Comments: Nearest support is session low on Chf1.1050. Below Chf1.1050 dollar’s decline may accelerate and reach Chf1.0980 then last week’s lows around Chf1.0880. Minor resistance comes at Chf1.1145 (session high), then – on Chf1.1180 (Jan 07 highs). Above the rebound may extend to channel line on Chf1.1360.

Resistance 3: $1.8130
Resistance 2: $1.7940
Resistance 1: $1.7850
Current price: $1.7745
Support 1: $1.7700
Support 2: $1.7600
Support 3: $1.7560
Comments: GBP/USD continues to weaken with interim support comes at session low on $1.7700. Break under will widen losses to $1.7600 then to $1.7560. Minor resistance is near session high on $1.7850. Above the pound’s correction may extend to $1.7940 and then – Monday’s high on $1.8130.

Resistance 3:$1.4840
Resistance 2: $1.4720
Resistance 1: $1.4530
Current price: $1.4450
Support 1: $1.4410
Support 2: $1.4300
Support 3: $1.4260
Comments: Techs say euro still holds within the downward channel from Jul 22, limited today by $1.4240/$1.4840 (key support and resistance respectively). Resistance is around session high on $1.4530 with a break above will target Monday’s highs on $1.4720. Above the resistance comes at channel line on $1.4840. Interim support is near session low on $1.4410. Below losses may widen to Feb lows on $1.4440. Key support comes at $1.4320 (trend line from Feb 2006).

High Low Close
EUR/USD 1.4598 1.4464 1.4514
USD/JPY 109.18 107.76 108.58
GBP/USD 1.8003 1.7781 1.7829
USD/CHF 1.1130 1.1008 1.1064

EUR/JPY 158.42 156.95 157.62
EUR/GBP 0.8161 0.8101 0.8137
GBP/JPY 194.87 192.63 193.65
GBP/CHF 1.9856 1.9682 1.9727

Change % Change Last
Nikkei -224.71 -1.80% 12,609.47
Topix -18.27 -1.50% 1,212.37
FTSE +17.90 +0.32% 5,620.70
DAX +96.67 +1.51% 6,518.47
CAC +66.94 +1.50% 4,539.07
Dow -26.63 -0.23% 11,516.92
NASDAQ -18.28 -0.76% 2,349.24
S&P -5.25 -0.40% 1,277.58
10yr Note -0.6700 -0.177% 3.746%
NYMEX Crude Oil -5.75 -4.97% 109.71
Gold -24.70 -2.95% 810.50

07:30 Italy Business confidence (August) - 83.5
07:45 Italy PMI services (August) - 45.6
07:50 France PMI services (August) 48.5 47.5
07:55 Germany PMI services (August) seasonally adjusted 49.9 53.1
08:00 EU(15) PMI services (August) 48.2 48.3
08:30 UK CIPS services index (Avgust) 47.0 47.4
09:00 EU(15) GDP (Q2) preliminary -0.2% 0.7%
09:00 EU(15) GDP (Q2) preliminary Y/Y 1.5% 2.1%
09:00 EU(15) Retail sales (July) adjusted - -0.6%
09:00 EU(15) Retail sales (July) adjusted Y/Y - -3.1%
12:15 USA ADP employment (August) - +9K
12:55 USA Redbook (30.08)
13:00 Canada BOC meeting announcement 3.00% 3.00%
14:00 USA Factory orders (July) 1.0% 1.7%
18:00 USA Fed Beige book