European Economic Data Calendar Drives Market Activity

European markets opened with a packed agenda of economic releases, including preliminary Q2 GDP figures for France, Spain, Germany and Italy, as well as July CPI data for Germany, German states and Italy. Eurozone authorities will also publish Q2 GDP and July consumer confidence numbers, while the Bank of England is set to announce its July monetary policy decision and hold a press conference with Governor Andrew Bailey.

In addition to the European data, traders are watching a range of global indicators: the United Kingdom’s June net consumer credit and M4 money supply, Germany’s June import prices, Italy’s May industrial sales, Australia’s June CPI and Sweden’s Q2 GDP indicator. Central‑bank actions include the Federal Reserve’s latest policy decision and the Bank of Canada’s summary of its deliberations. The combined flow of inflation, growth and policy data is expected to shape market sentiment amid ongoing post‑Fed reactions and broader geopolitical developments.