Weekly Market Outlook (12-16 August) ...Middle East

UPCOMING EVENTS:Tuesday: Australia Wage Price Index, UK Labour Market report, Eurozone ZEW, US NFIB Small Business Optimism Index, US PPI.Wednesday: RBNZ Policy Decision, UK CPI, US CPI.Thursday: Japan Q2 GDP, Australia Labour Market report, China Industrial Production and Retail Sales, UK Q2 GDP, US Retail Sales, US Jobless Claims, US Industrial Production and Capacity Utilisation, NAHB Housing Market Index.Friday: New Zealand Manufacturing PMI, UK Retail Sales, US Housing Starts and Building Permits, US University of Michigan Consumer Sentiment. TuesdayThe Australian Wage Price Index Y/Y is expected at 4.0% vs. 4.1% prior, while the Q/Q measure is seen at 0.9%

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