Asian Currencies Steady as Dollar Holds Near 18-Month High 
Ukraine Faces $56 Billion Budget Gap as War Costs Soar 
Indian Stocks Fall as RBI Hikes Rates to 5.50% 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Trump Opens Tax-Exempt Dyed Diesel Access as Fuel Prices Surge 
World Bank Raises South Asia Growth Forecast to 6.9% 
Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs 
China Shuts 670 Banks as Bitcoin Eyes Financial Risks 
German Industrial Orders Plunge 10.6% in August 
European Stocks Fall as Oil Rises Ahead of Fed Minutes 
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Not many economic dockets scheduled for today but some with high volatility risks associated.
Data released so far –
- Australia: National Australia Bank’s business confidence declined to 2 in second quarter from 4.
- Japan: All industry activity index declined -1 percent in May.
Upcoming:
- Switzerland: Trade balance for June will be released at 6:00 GMT.
- France: Business climate for July will be released at 6:45 GMT.
- Spain: Trade balance for June will be released at 8:00 GMT.
- United Kingdom: Retail sales for June will be released at 8:30 GMT.
- Greece: Current account for May will be released at 9:00 GMT.
- Eurozone: ECB will announce monetary policy decision at 11:45 GMT.
- United States: Chicago Fed national activity index will be published at 12:30 GMT, along with weekly jobless claims report. Housing price index for May will be released at 13:00 GMT, followed by existing home sales at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: Wholesale sales report for May will be released at 12:30 GMT.
