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Australia will on Monday release retail sales data for June, highlighting a modest day for Asia-Pacific economic activity.

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China's service sector growth stabilized at a relatively low level in July, while a faster contraction in manufacturing fueled a second consecutive fall in the country's overall private sector output, a survey by Markit Economics and HSBC revealed Monday. The headline business activity index was at 51.3 in July, unchanged from June. Readings above 50 indicates expansion of the sector.

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The total value of retail sales in Australia was unchanged in June compared to the previous month, the Australian Bureau of Statistics said on Monday, coming in at A$21.818 billion.

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The U.K. service sector expanded at its fastest pace for over six-and-a-half years in July, helped by an increase in new business as market conditions continued to strengthen, results of a closely watched survey revealed Monday. The headline Business Activity Index climbed to 60.2, the highest reading since December 2006, from 56.9 in June, Markit Economics said.

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Montenegro's retail sales grew at a faster pace for the third consecutive month in June, data released by the Statistical Office of Montenegro showed on Monday.

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Activity in the U.S. service sector grew at a faster rate in the month of July, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector rising by much more than economists had anticipated. The ISM said its non-manufacturing index jumped to 56.0 in July from 52.2 in June.

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Activity in the U.S. service sector grew at a faster rate in the month of July, according to a report released by the Institute for Supply Management on Monday, with the index of activity in the sector rising by much more than economists had anticipated.

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Australia posted a seasonally adjusted merchandise trade surplus of A$602 million in June, the Australian Bureau of Statistics said on Tuesday - jumping 19 percent compared to the previous month.

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Australia saw a seasonally adjusted merchandise trade surplus of A$602 million in June, the Australian Bureau of Statistics said on Tuesday.

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Hungary's industrial production rose more-than-expected in June, recovering from a decline in the previous month, data released by the Hungarian Central Statistical Office showed on Tuesday.

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