Key economic data and events to focus on today:

Thursday, August 7, 2025

① Pending: United States begins implementation of "reciprocal tariffs"

② Pending: China's July trade balance

③ 14:00: Germany's June seasonally adjusted industrial production month-on-month and trade balance

④ 14:00: UK's July Halifax seasonally adjusted house price index month-on-month

⑤ 14:45: France's June trade balance

⑥ 15:00: Switzerland's July seasonally adjusted unemployment rate

⑦ 16:00: China's July foreign exchange reserves

⑧ 19:00: Bank of England announces interest rate decision and meeting minutes

⑨ 19:30: Bank of England Governor Bailey holds a press conference

⑩ 20:30: United States initial jobless claims for the week ending August 2

⑪ 22:00: United States June wholesale sales month-on-month

⑫ 22:00: Federal Reserve's Bostic participates in a fireside chat online

⑬ 22:30: United States EIA natural gas inventory for the week ending August 1

⑭ 23:00: United States July New York Fed 1-year inflation expectations