US Total Vehicle Sales falls to 15.7M in July from 15.89M

Next week’s calendar is busy with important labor market data. The stats department has tweaked its schedule to release all the surveys on the same day - Wednesday. Markets will focus on the unemployment rate, which risks a small bounce from Q1’s surprisingly low 6.2% although preserving the trend of improvement. Also out are commodity prices (Mon), QV house prices (Thu), and electronic spending (Fri), notes Sean Callow, a Global FX Strategist at Westpac.