Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Lots of economic data and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Australia: National Bank’s business confidence improves to 7 in September. Business condition index is flat at 14.
- Japan: Eco watchers’ current index improves to 51.3 in September while outlook declines to 51
Upcoming:
- Switzerland: Unemployment report will be released at 5:45 GMT.
- Germany: August trade balance report will be released at 6:00 GMT.
- France: August industrial output report will be released at 6:45 GMT.
- Italy: Industrial output report for August will be released at 8:00 GMT
- United Kingdom: Industrial and manufacturing production numbers for August will be released at 8:30 GMT. NIESR will release September GDP estimate at 12:00 GMT.
- Greece: August industrial production report and September inflation report will be released at 9:00 GMT.
- United States: NFIB business optimism report will be published at 10:00 GMT. TIPP economic optimism report will be published at 14:00 GMT. FOMC member Kashkari will speak at 14:00 GMT.
- Portugal: Global trade balance report will be released at 10:00 GMT.
- Canada: Housing starts report will be released at 12:15 GMT, followed by building permits report at 12:30 GMT.
- Australia: Westpac consumer confidence report will be published at 23:30 GMT.
- Japan: August Machinery reports will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month, 3-month, 6-month, and 12-month bills at 15:30 GMT.
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