European Regulators Clash With U.S. Treasury Over Private Credit Transparency 
Oil Prices Jump as U.S.-Iran Conflict and Strait of Hormuz Tensions Shake Global Markets 
US Stock Futures Slide as Iran Conflict Escalates Ahead of Key Q2 Earnings Week 
BOJ May Raise Japan Growth Forecast While Keeping Focus on Inflation Risks 
Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields 
Japanese Yen Rises as Pension Fund Plan and BOJ Rate Hike Bets Weigh on Dollar 
Deutsche Bank Sees Global Capital Shifts Reshaping Long-Term U.S. Dollar Outlook 
Gold Price Climbs Over 1% as Dollar Weakens, Fed Rate Debate and Iran Tensions Remain in Focus 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher 
This week is a quite heavy with volatility risks, especially in terms of data and events as well.
What to watch for over the coming days:
- Central banks:
Several Fed policymakers are scheduled to speak this week. Fed governor Leal Brainard, Dallas Fed president Robert Kaplan, Minneapolis Fed president Neel Kashkari — all voting members of the monetary policy setting Federal Open market Committee — are slated to deliver remarks on Tuesday. Meanwhile, New York Fed president Bill Dudley and Philadelphia Fed president Patrick Harker, fellow voting members of the FOMC, are also scheduled to deliver remarks next week. Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Canada (BoC) will announce interest rate decision on Wednesday. European Central Bank (ECB) will announce interest rate decision on Thursday.
- Economic data:
Services PMI reports from around the world on Tuesday. Australia second quarter GDP on Wednesday. China forex Reserve on Thursday and trade balance on Friday. Eurozone second quarter GDP on Thursday. Japan second quarter GDP on Thursday. Canada unemployment report on Friday.
- U.S. debt ceiling:
On Tuesday, Congress returns from its August recess with only a few weeks to tackle the looming deadlock over the US debt ceiling. The president is expected to meet with Republican and Democratic leaders for tax talks.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
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