Key Events in USA This Week:
1. July PPI Inflation data - Tuesday
2. July CPI Inflation data - Wednesday
3. July Retail Sales data - Thursday
4. Philly Fed Manufacturing Index - Thursday
5. July Housing Starts data - Friday
6. 3 Fed speaker events and earnings season continues
CPI and retail sales data should be watched closely . CPI will come in much cooler according to predictive markets . retail sales could come in short.