July US PCE data and initial jobless claims coming up next

<p>It's the final day of the month and it's a busy one on the economic calendar with a wave of numbers coming out at the bottom of the hour including:</p><ul><li>July PCE</li><li>Initial jobless claims</li><li>Canadian Q2 current account</li><li>Canadian avg weekly earnings</li></ul><p>The PCE reprot is the Fed's preferred inflation measure and core is expected to tick up to 4.2% from 4.1%. Claims are forecast at 235K ahead of tomorrow's non-farm payrolls report.</p>

This article was written by Adam Button at www.forexlive.com.