Australia Jobs Growth Strengthens Rate Hike Outlook 
Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Oil Prices Drop as Strait of Hormuz Shipping Recovers 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Lots of economic dockets scheduled for today, however, only a few with high volatility risks associated.
Data released so far –
- China: MNI business sentiment indicator rose to 55.5 from 54.5
- Japan: Nikkei flash manufacturing PMI rose to 49 in July.
Upcoming:
- France: Markit manufacturing and services PMI will be released at 7:00 GMT.
- Germany: Markit manufacturing and services PMI will be released at 7:30 GMT.
- Italy: Industrial sales and orders will be published at 8:00 GMT. Retail sales for May will be released at 9:00 GMT, followed by trade balance at 10:00 GMT.
- Eurozone: Markit services and manufacturing PMI will be reported at 8:00 GMT.
- United Kingdom: Markit manufacturing and services PMI will be released at 8:30 GMT.
- Canada: Retail sales report for May will be released at 12:30 GMT, along with consumer price inflation for June.
- United States: Markit manufacturing PMI will be released at 13:45 GMT.
