Market Movers
The Chinese stock market has - at least temporarily - replaced Greece as the main driver of risk sentiment. Risk sentiment today will largely be determined by how successful the Chinese government is in stabilising the stock market.
Bank of England is widely expected to be on hold in connection with today's MPC meeting. There will be no new information in the usual brief statement from the meeting, so the minutes from the meeting released on 22 July are bound to be more interesting.
In Sweden PES unemployment for June will be released and Denmark will publish current account for May.
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