England Drought Expands to 71% as Heatwave Deepens Water Crisis 
Asian Currencies Steady as Markets Await U.S. Inflation Data 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Upcoming:
- Germany: Third quarter flash GDP numbers will be released at 7:00 GMT. Zew survey report for November will be published at 10:00 GMT.
- France: Consumer price inflation numbers for October will be published at 7:45 GMT.
- Spain: Spain will release its HICP inflation data at 8:00 GMT.
- Italy: Third quarter flash GDP will be published at 9:00 GMT.
- United Kingdom: Inflation numbers that include RPI, CPI, PPI, and HPI will be published at 9:30 GMT.
- Eurozone: Trade balance figure for September will be released at 10:00 GMT along with survey report and third quarter flash GDP estimate.
- Portugal: Third quarter flash GDPO estimate will be released today.
- United States: New York empire state manufacturing index will be released at 13:30 GMT, along with retail sales report and terms of trade for October. Redbook index will be published at 13:55 GMT. Fed’s Rosengren is scheduled to speak at 12:30 GMT. Fed’s Stanley Fischer is scheduled to speak at 18:30 GMT.
- New Zealand: Global dairy auction is scheduled today. Retail sales report for third quarter will be released at 18:30 GMT.
