Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis 
Foreign Investors Pour $18.65 Billion into Japanese Stocks Amid Market Stabilization 
Asian Markets Retreat as Gulf Crisis Fuels Oil Surge and Inflation Fears 
China's Factory-Gate Prices Rise for First Time in Over Three Years Amid Global Cost Pressures 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings down 0.3 percent y/y in July.
- Australia: GDP grew by 0.8 percent q/q, up 1.8 percent from a year ago.
Upcoming:
- Germany: Factory orders report for July will be published at 6:00 GMT.
- Italy: Retail sales report for July will be published at 8:00 GMT.
- United States: Mortgage report will be published at 11:00 GMT, followed by July trade balance at 12:30 GMT. ISM non-manufacturing report will be published at 14:00 GMT, along with TIPP economic optimism report. Fed will release the beige book at 18:00 GMT.
- Canada: Trade balance report for July will be released at 12:30 GMT, along with Labor productivity report. BoC will announce interest rate decision at 14:00 GMT.
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