European Stocks Volatile as U.S.-Iran Tensions Threaten Oil Supply and Global Markets 
EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports 
Yen Volatility and Middle East Tensions Drive Dollar Strength in FX Markets 
Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Asian Stocks Rise as South Korea Hits Record High on AI Chip Rally 
Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns 
Global Markets Rise as Oil Prices Stabilize Amid Middle East Tensions 
Gold Prices Edge Higher Amid Middle East Tensions and Oil Market Volatility 
Few economic dockets scheduled for today and all with low to medium risks associated.
Data released so far:
- Japan: Industrial production grew 2.3 percent, down 1.5 percent from a year ago. Capacity utilization grew by 1.5 percent.
Upcoming:
- Switzerland: Producer and import price data for July will be released at 7:15 GMT.
- United States: Empire State manufacturing index will be released at 12:30 GMT. Prior 0.55, expected 2. NAHB housing market index will be released at 14:00 GMT, followed by treasury flows data at 20:00 GMT.
- New Zealand: RBNZ governor Wheeler is scheduled to speak at 20:30 GMT.
- Auction: United States will auction 3-month and 6-month bills at 15:30 GMT.
