Australia will present economic growth data for the second quarter of this year, the index of activity in the service sector from AIG. In Japan, the index of business activity in the services sector Markit will be released. China will unveil the Caixin service index.

In Russia, Spain, Italy, France, Germany, the UK and the Eurozone will also publish indices of business activity in the service sector. In Sweden, data from industrial production and new orders in the manufacturing sector will be released. The Eurozone will introduce retail sales for July.

Canada will release import, export, international trade statistics and productivity for the second quarter of this year. In addition, Canada will host a meeting of the National Bank, publish a decision on the interest rate and a accompanying statement. The U.S. will present the trade balance, the Redbook Retail Sales Index and the ISM New York Business Conditions Index. Fed representatives John Williams, Rafael Bostic and Neil Kashkari will speak. The American Petroleum Institute will publish changes in raw materials inventories last week.