Monday: May Machine Orders data will be released in Japan. In Italy, May Industrial Production data will see light, followed by June's Housing Starts data being released in Canada.

Tuesday: June's Producer Price Index will be released in Japan. In Germany, the final estimate of June's Consumer Price Index data will see light, currently pointing at a 0.3% annual inflation. Wholesale Inventories data will be released in the u.s.

Wednesday: The Final estimate for May's Industrial Production data will be released in Japan. In France, the final estimate for June's CPI will see light, currently indicating 0.2% annual inflation, followed by the Spanish CPI, at -0.8%. In the U.S., the weekly MBA Mortgage Applications will see light. The Bank of Canada, additionally, is also scheduled to issue a rate decision, though analysts eye stability at 0.5%.

Thursday: The Bank of England is scheduled to make a rate announcement, with analyst expecting a rate cut to 0.25%, which, if materializing, would make it the first cut for the bank since 2009. In the U.S., the weekly Initial Jobless Claims data will see light, followed by June's Producer Price Index data.

Friday: June Industrial Production data will see light in China, as will the country's second quarter GDP print. The final estimate for the CPI is scheduled to see light for the Eurozone. In the U.S., June Retail Sales data will see light, as will June's CPI, expected to see annual inflation rise to 1.1%. July's Empire Manufacturing Survey will also be released in the U.S., as will June's Industrial Production data and the University of Michigan's Consumer Sentiment Index. The second quarter's earnings will also be reported by Citigroup (C).