The first important reading of the week already came in from the Far East: Japan joined Germany and France in pulling out of recession, at least temporarily. It chalked up a .9% increase in GDP in the second quarter.
Tomorrow a few reports in the US will concern inflation, as July producer prices are announced. July US housing starts are also scheduled.
The other thing to watch in the middle of the week is Thursday's UK retail sales. This indicator has been jumping all over the place since the meltdown last autumn.
Manufacturing data from euro country and euro-zone economies come in on Friday, as does US existing home sales. And the US initial claims make their weekly appearance of Thursday