Strait of Hormuz Shipping Near Standstill After New Vessel Attacks 
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears 
Asian Stocks Rally as Cooling US Inflation Boosts Fed Rate Outlook 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally 
Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan 
KOSPI Eyes Best Weekly Gain Since June as Samsung, SK Hynix Rally 
Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets 
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Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: National Australia Bank’s business confidence unchanged at 15 in August and business confidence declines 7 points to 5
Upcoming:
- France: Second quarter non-farm payrolls report will be published at 5:30 GMT.
- United Kingdom: Inflation reports including PPI, CPI, HPI, and RPI will be published at 8:30 GMT. JOLTS jobs report will be published at 14:00 GMT.
- United States: NFIB business confidence report will be published at 10:00 GMT.
- Portugal: Consumer and business confidence reports will be released at 10:00 GMT.
- Japan: Domestic corporate goods price reports will be published at 23:50 GMT.
- Auction: Spain will auction 6-month and 12-month bonds today.
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