Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
Oil Prices Steady as Strait of Hormuz Traffic Slows Amid US-Iran Conflict 
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 
KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally 
US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
Malaysia Inflation Eases to 1.8% in July, Below Forecast 
Trump Imposes New Tariffs on Drone Imports Over US Security Concerns 
Strait of Hormuz Shipping Near Standstill After New Vessel Attacks 
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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.
