European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports 
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns 
Oil Prices Fall as Russia Signals Higher Diesel Exports 
US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow 
Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
RBA Set for September Rate Hike as Inflation Stays High 
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Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Leading economic index down 0.1 percent in July, up 0.5 percent in the second quarter on a quarterly basis and up 1.9 percent from a year ago.
Upcoming:
- Italy: Second quarter flash GDP report will be published at 8:00 GMT.
- United Kingdom: ILO unemployment report will be published at 8:30 GMT.
- Eurozone: Second quarter flash GDP report will be published at 9:00 GMT.
- United States: Building permits and housing starts report will be published at 12:30 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC will release minutes at 18:00 GMT.
- New Zealand: Producer price inflation report will be released at 22:45 GMT.
- Japan: July trade balance report will be released at 23:50 GMT.
- Auction: Spain will auction 6-month and 12-month bonds today.
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