S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
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Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
Havana Protests Erupt as Cuba Faces Severe Blackouts and Fuel Crisis 
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Leading economic index down 0.1 percent in July, up 0.5 percent in the second quarter on a quarterly basis and up 1.9 percent from a year ago.
Upcoming:
- Italy: Second quarter flash GDP report will be published at 8:00 GMT.
- United Kingdom: ILO unemployment report will be published at 8:30 GMT.
- Eurozone: Second quarter flash GDP report will be published at 9:00 GMT.
- United States: Building permits and housing starts report will be published at 12:30 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC will release minutes at 18:00 GMT.
- New Zealand: Producer price inflation report will be released at 22:45 GMT.
- Japan: July trade balance report will be released at 23:50 GMT.
- Auction: Spain will auction 6-month and 12-month bonds today.
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