Oil Prices Rebound as Strait of Hormuz Tensions Return After Ship Attack Near Oman 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
White House Seeks $87.6 Billion Emergency Funding for Iran War, Farmers, and Ebola Response 
Trump Threatens 100% Tariffs on Countries Imposing Digital Services Taxes on U.S. Tech Firms 
Asian Stocks Sink as Apple Price Hikes Spark AI Valuation Fears, South Korea and Japan Lead Selloff 
Wall Street Ends Mixed as Micron Surges, Apple Drops After Price Hikes 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
Gold Price Ends Lower for Fourth Week Despite Rebound as Fed Rate Hike Bets Strengthen 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
US Dollar Slips After PCE Inflation Data as Fed Rate Hike Expectations Stay Elevated 
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.
