Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions 
U.S. Stock Futures Steady as Wall Street Eyes Bank Earnings Amid Iran Tensions 
Asian Stocks Rally on Tech Gains and U.S.-Iran Diplomacy Hopes 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Dollar Holds Steady Amid U.S.-Iran Tensions and BOJ Rate Hike Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China's Trade Surplus Shrinks Sharply in March Amid AI Import Surge and Export Slowdown 
Iran War Drives Asia's Plastic Crisis — and a Green Packaging Boom 
Food prices are already high in Canada. Will the Iran war make them worse? 
Strait of Hormuz Oil Shipments Resume Amid U.S.-Iran War Tensions 
Asian Currencies Hold Steady Amid U.S.-Iran Ceasefire Hopes and Soft U.S. Inflation Data 
Lots of economic dockets scheduled for today but all with low to medium risks associated.
Data released so far:
- New Zealand: ANZ commodity prices grew 5.1 percent in September.
- Japan: Markit services PMI declined to 48.2 in September.
- Australia: Retail sales grew 0.4 percent in August.
Upcoming:
- Spain: Markit services PMI for September will be released at 7:15 GMT.
- Italy: Markit services PMI for September will be released at 7:45 GMT.
- France: Services and composite PMI will be reported at 7:50 GMT.
- Germany: Services and composite PMI due at 7:55 GMT.
- Eurozone: Services and composite PMI due at 8:00 GMT, followed by retail sales for August at 9:00 GMT.
- United States: MBA mortgage application will be reported at 11:00 GMT, followed by ADP employment report at 12:15 GMT and trade balance at 12:30 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM-non-manufacturing PMI report at 14:00 GMT. EIA will release weekly oil inventory report at 14:30 GMT.
- Auction: US will auction 5-year note at 17:00 GMT.
