Gold Prices Rise as Fed Rate Hike Bets Ease 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: National banks’ business conditions index improves sharply to 14 in March from 9 in February but business confidence declines from 7 to 6.
Upcoming:
- Japan: Flash Machine tools orders report will be released at 6:00 GMT. Domestic corporate goods price index will be updated at 23:50 GMT. At the same time, Machinery orders report will be released.
- United Kingdom: Inflation report containing CPI, PPI, RPI and HPI will be released at 8:30 GMT.
- Germany: Zew survey report for April will be released at 9:00 GMT.
- Eurozone: Zew survey report and industrial production report will be published at 9:00 GMT.
- United States: NFIB business optimism index will be released at 10:00 GMT, followed by JOLTS jobs report at 14:00 GMT. Fed’s Kashkari’s speech is at 17:45 GMT.
- Auction: U.S. will auction 1-months bills at 15:30 GMT and 10-year note at 17:00 GMT.
