US Dollar Slips After PCE Inflation Data Eases Fed Rate Hike Expectations 
Morgan Stanley Sees Chinese Auto Market Recovery Gaining Momentum in Late Summer 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
South Korea’s KOSPI Plunges as Apple Price Hikes and OpenAI IPO Delay Shake AI Chip Stocks 
South Korea’s KOSPI Jumps Over 5% as Samsung, SK Hynix Rally on Micron Earnings Boost 
Gold Prices Fall Below $4,000 as Strong Dollar, Fed Rate Hike Bets Weigh on Bullion 
Lots of economic dockets scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- China: House price index rose 7.9 percent in July.
- Australia: Employment rate declined to 5.7 percent. Part time employment rose by 71,600 and full time employment declined by 45,400.
Upcoming:
- France: ILO unemployment rate will be released at 5:30 GMT. Prior 10.2 percent.
- Eurozone: Current account for June will be published at 8:00 GMT. Consumer price index for July will be published along construction output at 9:00 GMT. ECB will release its monetary policy minutes at 11:30 GMT.
- United Kingdom: Retail sales for July will be released at 8:30 GMT.
- Portugal: Current account will be published today.
- United States: Weekly jobless claims report will be published at 12:30 GMT, followed by CB leading indicator at 14:00 GMT. EIA will be release natural gas inventory report at 14:30 GMT. FOMC member Williams will be speaking at 20:00 GMT.
