The 15th brings a concentrated release of China's key August economic indicators, alongside UK employment statistics, German business sentiment surveys, and US manufacturing data. China's retail sales—a gauge of domestic demand—and Germany's ZEW Economic Sentiment Index, a leading indicator for European business conditions, are likely to draw particular attention. In Japan, the Ministry of Economy, Trade and Industry will release the July Tertiary Industry Activity Index at 1:30 PM. The market consensus calls for a 0.3% month-on-month rise, marking a return to positive territory following the previous 0.2% decline. The focus will be on whether the recovery in Japan's domestic economy, led by the services sector, continues.
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