Events for 21st Jul 2011

Economic Events

UK		Forecast	Previous
09:30	Public Sector Net Borrowing	11.7B	15.2B
09:30	Retail Sales m/m	0.50%	-1.40%
EU		Forecast	Previous
08:00	French Flash Services PMI	56.4	56.1
08:00	French Flash Manufacturing PMI	52.6	52.5
08:30	German Flash Manufacturing PMI	54.1	54.6
08:30	German Flash Services PMI	56.1	56.7
09:00	Flash Manufacturing PMI	51.6	52
09:00	Current Account	-4.7B	-5.1B
09:00	Flash Services PMI	53.2	53.7
US		Forecast	Previous
13:30	Unemployment Claims	408K	405K
15:00	OFHEO HPI m/m	0.40%	0.80%
15:00	CB Leading Index m/m	0.20%	0.80%
15:00	Philly Fed Manufacturing Index	3.4	-7.7
15:00	Fed Chairman Bernanke Testifies
15:30	Natural Gas Storage		84B
JP		Forecast	Previous
00:50	Trade Balance	-0.25T	-0.47T
05:30	All Industries Activity m/m	1.90%	1.50%