[Key Events and Data Preview for This Week: US CPI; Refined Oil Price Adjustment; Tencent Earnings Report]
1. Monday:
① Data: Japan's June Trade Balance; Eurozone's August Sentix Investor Confidence Index; (Tentative) China's July M2 Money Supply Annual Rate.
② Event: Bank of Japan releases summary of opinions from July Monetary Policy Committee meeting.
2. Tuesday:
① Data: Reserve Bank of Australia (RBA) interest rate decision (until August 11); US July NFIB Small Business Confidence Index; US ADP Employment Change (until July 25); US July Existing Home Sales (annualized).
② Event: RBA releases interest rate decision and monetary policy statement; RBA Governor Bullock holds monetary policy press conference.
③ Holiday: Tokyo Stock Exchange closed.
3. Wednesday: ① Data: US API crude oil inventories for the week ending August 7; Germany's final July CPI month-on-month rate; US July unadjusted CPI year-on-year rate, US July seasonally adjusted CPI month-on-month rate, US July seasonally adjusted core CPI month-on-month rate, US July unadjusted core CPI year-on-year rate; US EIA crude oil inventories for the week ending August 7, US EIA Cushing, Oklahoma crude oil inventories for the week ending August 7, US EIA Strategic Petroleum Reserves for the week ending August 7. ② Events: EIA releases monthly Short-Term Energy Outlook report; OPEC releases monthly oil market report; MSCI releases August index adjustment announcement; IEA releases monthly oil market report; Tencent's Q2 earnings call. 4. Thursday: ① Data: US 10-year Treasury auction (to August 12) - winning yield, US 10-year Treasury auction (to August 12) - bid-to-cover ratio; UK Q2 GDP annualized preliminary rate, UK June three-month GDP monthly rate, UK June manufacturing output monthly rate, UK June seasonally adjusted goods trade balance, UK June industrial production monthly rate; Eurozone June industrial production monthly rate; US initial jobless claims for the week ending August 8, US July PPI annualized rate, US July PPI monthly rate, US EIA natural gas storage for the week ending August 7. ② Events: JD.com Q2 earnings call; Speech by 2026 FOMC voting member and Cleveland Fed President Hamack; Speech on the economic outlook by 2027 FOMC voting member and Richmond Fed President Barkin. ③ Earnings Reports: SMIC, China Mobile, etc.
5. Friday: ① Data: France's final July CPI month-on-month rate; Eurozone's revised Q2 GDP year-on-year rate, Eurozone's final Q2 seasonally adjusted employment quarter-on-quarter rate, Eurozone's June seasonally adjusted trade balance; Canada's June wholesale sales month-on-month rate; US July retail sales month-on-month rate, US August one-year inflation rate expectations preliminary value, US June business inventories month-on-month rate, US August University of Michigan consumer sentiment index preliminary value. ② Events: A new round of domestic refined oil price adjustments will begin; the National Energy Administration releases total electricity consumption data around the 15th of each month; Reserve Bank of Australia Governor Bullock attends a hearing.
6. Saturday: ① Data: Total number of US oil rigs for the week ending August 14.
