China Q2 2026 GDP Misses Forecast as Weak Domestic Demand Offsets Export Strength 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Australian Business Conditions Hold Steady as Easing Cost Pressures Face New Oil Price Risks 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
South Korea Central Bank Set to Raise Interest Rates as Inflation Stays Elevated 
Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes 
Oil Prices Climb as Trump Escalates Iran Pressure, Strait of Hormuz Risks Grow 
Asian Stocks Rally as Cooling U.S. Inflation Boosts Fed Rate Cut Hopes 
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- France: September industrial output report will be released at 7:45 GMT, along with 3rd quarter non-farm payroll report.
- Italy: Industrial output report will be released at 9:00 GMT.
- United Kingdom: Industrial and manufacturing production numbers will be published at 9:30 GMT, along with September trade balance report. NIESR will release October GDP estimate at 13:00 GMT.
- United States: Michigan consumer sentiment report will be published at 15:00 GMT.
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