US: Jobless claims and consumer credit data in focus - BBH

Research Team at BBH, suggests that the focus during the North American session will be on the release of the US weekly jobless claims and July consumer credit. 

Key Quotes

“There are no Fed speakers today.   Yesterday’s Beige book seemed to focus on political risk, citing growing uncertainty and business concerns about the upcoming elections.  On economics, the report noted modest wage and price pressures despite tight conditions in several regional labor markets.”