US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Strait of Hormuz Shipping Near Standstill After New Vessel Attacks 
Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data 
Asian Currencies Edge Higher as Soft US Inflation Weighs on Dollar 
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Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- China: China might release data on M2 money supply, new loans, and FDI.
- Japan: Flash October Machine tools orders will be released at 6:00 GMT.
- Portugal: Consumer price inflation report will be released at 11:00 GMT.
- United States: October budget statement will be published at 19:00 GMT.
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