Gold Prices Slip as Stronger Dollar, Fed Rate Outlook Weigh on Bullion 
Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus 
Japanese Yen Rises as Pension Fund Plan and BOJ Rate Hike Bets Weigh on Dollar 
Japan Producer Inflation Hits 7.1% in June, Fueling BOJ Rate Hike Expectations 
Asian Currencies Slip as Stronger US Dollar, Iran Tensions Pressure Regional FX 
Iran Targets U.S. Bases in Bahrain, Kuwait as Hormuz Conflict Escalates and Oil Prices Jump 
Cuba Power Outage Sparks Havana Protests as Fuel Crisis Deepens 
US Stock Futures Steady as US-Iran Tensions and Fed Inflation Concerns Weigh on Markets 
Oil and LNG Tankers Turn Back as Strait of Hormuz Security Risks Escalate 
Sizable numbers of economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Spain: Fourth quarter flash GDP number will be released at 8:00 GMT.
- Switzerland: KOF leading indicator for January will be published at 8:00 GMT.
- Greece: Retail sales and producer price index for November will be published at 9:00 GMT.
- Eurozone: Consumer confidence, industrial confidence, economic sentiment, business climate, and services sentiment data for January will be published at 10:00 GMT.
- Germany: Flash CPI and HICP for January will be released at 13:00 GMT.
- United States: Personal income and expenditure data for December will be published at 13:30 GMT, followed by pending home sales at 15:00 GMT and Dallas Fed manufacturing index at 15:30 GMT.
- Japan: Unemployment report for December will be published at 23:30 GMT, followed by industrial production for the month at 23:50 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT. Italy will auction 5-year and 10-year bonds today.
