German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Dollar Hits One-Month High as Hawkish Fed Outlook Boosts Greenback 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: National Australia bank’s business confidence improves to 6 from 4 in August and conditions deteriorates to 7 from 8.
- China: Urban investment grew 6.1 percent y/y in August. Industrial production grew 6.3 percent y/y. Retail sales grew 10.6 percent in August from a year back.
Upcoming:
- Germany: Wholesale price index for August will be reported today. HICP inflation will be reported at 6:00 GMT.
- China: Money supply and loans statistics may get released today.
- Spain: HICP inflation data will be reported at 7:00 GMT.
- Switzerland: Producer and import prices for August will be reported at 7:15 GMT.
- Italy: Industrial production for July will be reported at 8:00 GMT.
- United Kingdom: August inflation statistics will be published from UK at 8:30 GMT.
- Eurozone: ECB president Mario Draghi is scheduled to speak at 9:00 GMT. Zew survey report on economic sentiment will be published at the same time, along with employment change report for the second quarter.
- United States: NFIB business optimism index for August will be released at 10:00 GMT, followed by Redbook index at 12:55 GMT and monthly budget statement at 18:00 GMT.
- Auction: United States will auction 1-month bills at 15:30 GMT and 10-year note at 17:00 GMT.
