The U.S. economic calendar is relatively light this first full week of August following last week’s key announcements and releases on monetary policy, the U.S.-China trade dispute, and U.S. job growth, among other reports.
On the calendar this week we’ll get new figures on U.S. service sector PMI, the JOLTS (job openings and labor turnover) report, consumer credit, wholesale inventories, and producer price inflation. Overseas, Germany, France, and Great Britain report on industrial production while new Chinese data are due out on trade, producer prices, and consumer price inflation. Have a great week and don’t miss next week’s ReMA Market Report for the latest economic, commodity, and scrap market highlights along with a recap of 1H 2019 scrap trade flows by commodity.
