Next week the market's attention is likely to remain focused on the events surrounding Greece's debt, after the talks between Eurozone finance ministers on the third bailout for Greece, which took place on Saturday, proved fruitless.
Here are the most important events that will take place in this week:
Monday, July 13
Eurozone finance ministers will hold talks in Brussels on the bailout of Greece.
The Bank of England will publish the results of the quarterly survey on credit conditions.
Tuesday, July 14
Australia is to release a report on business confidence.
Switzerland will report the producer prices.
UK is to release data on consumer price inflation.
In the Eurozone, the ZEW Institute will release a report on German economic sentiment.
US will release data on retail sales and import prices.
Wednesday, July 15
Australia is to publish data on consumer sentiment.
China will release the long-awaited economic growth for the second quarter, as well as data on industrial production and investments in fixed assets.
The Bank of Japan is to announce its benchmark interest rate and will publish its accompanying statement which sets out the economic conditions and the factors influencing the decision on monetary policy.
UK is to publish its monthly report on applications for unemployment benefits.
Canada is to release data on the volume of industrial sales.
US will publish data on industrial production and manufacturing activity in New York State.
The Bank of Canada will announce the interest rate and publish its accompanying statement. The announcement will be followed by a press conference to discuss this decision on monetary policy.
The head of the Federal Reserve, Janet Yellen, will deliver a semiannual report on monetary policy before the Financial Services Committee of Congress in Washington.
Thursday, July 16
New Zealand is to publish data on consumer price inflation.
Switzerland is to publish data on retail sales.
The Eurozone is to publish revised data on consumer price inflation.
The ECB will decide on monetary policy. The announcement will be followed by a press conference with the participation of Mario Draghi.
The head of the Federal Reserve, Janet Yellen, will deliver a semiannual report on monetary policy to the Senate Banking Committee in Washington.
In addition, the US will publish data on manufacturing activity in Philadelphia.
Friday, July 17
Canada and the United States will publish a report on consumer price inflation.
The US is also to release data on issued building permits for new housing and consumer sentiment.