Global investors will be closely watching China on Monday, when the world's second biggest economy is due to release its keenly-awaited growth figures for the second quarter.
The consensus forecast according to Reuters poll is for gross domestic product (GDP) growth to come in at 7.5 percent in the quarter from the year earlier, compared to a 7.7 percent on-year growth in the first quarter.
(Read More: Just How Low Will China Allow Growth to Go?)
But recent weak data, including disappointing trade and manufacturing figures for June and growing worries about a credit crunch has led some analysts to call for a severe slowdown or a "hard landing" for China this year. Nomura forecasts that growth could fall below 7 percent in the second quarter. That would be the slowest rate of growth since the height of the global financial crisis in the first quarter of 2009, when GDP grew just 6.1 percent.