Oil Prices Steady as Strait of Hormuz Traffic Slows Amid US-Iran Conflict 
Gold Prices Retreat From Two-Month High as Softer Inflation Eases Fed Rate Hike Bets 
US Stock Futures Steady as Cooling Inflation and Strong Earnings Support Markets 
KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally 
Asian Stocks Rally as Cooling US Inflation Boosts Fed Rate Outlook 
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears 
S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears 
Gold Prices Rise as Weak US Data and Hormuz Risks Boost Safe-Haven Demand 
Morgan Stanley Sees Fed Holding Rates as U.S. Inflation Cools 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
Add as a preferred source on Google
Not many economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- Australia: ANZ job advertisements down -0.8 percent in July.
- China: Trade balance came at $52.31 billion. Exports declined -4.4 percent and imports declined -12.5 percent.
Upcoming:
- Japan: Eco watchers survey outlook and current will be published at 5:00 GMT.
- China: FDI data might get released today.
- Germany: Industrial production for June will be released at 6:00 GMT. Prior -0.4 percent y/y.
- Switzerland: Consumer price index for July will be released at 7:15 GMT. Prior -0.3 percent y/y.
- Eurozone: Sentix investor confidence for August will be released at 8:30 GMT. Prior 1.7
- Greece: Industrial production for June and CPI for July will be announced at 9:00 GMT.
- Canada: Building permits for June will be released at 12:30 GMT.
- United States: Labor market conditions index will be released at 14:00 GMT.
- New Zealand: Electronic card retail sales for July will be announced at 22:45 GMT. Prior 6.8 percent y/y.
- United Kingdom: BRC retail sales report will be released at 23:00 GMT.
