In the US, attention will be on July retail sales and industrial production, which we expect to moderate. Inflation will also be published, confirming a scenario without price pressures. Markets will remain vigilant for a possible new fiscal stimulus package. Other releases include 2Q20 GDP reports in the Eurozone and the United Kingdom and economic activity figures for July in China. In Mexico, we estimate a 17.4% y/y decline in June’s industrial production and a 50bps reference rate cut by Banxico –to 4.50%–.