Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts 
South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures 
Gulf War Ceasefire Hopes Weigh on Dollar Ahead of Trump Address 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says 
Trump Claims Iran Sought Ceasefire as Middle East War Escalates 
UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire 
Australia's Trade Surplus Surges in February on Gold Export Boom 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Asian Currencies Weaken as Dollar Rebounds Amid Middle East Escalation 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: New Motor Vehicle sales declined -1.3 percent in July, ,up 1.6 percent from a year back.
Upcoming:
- United Kingdom: CPI,PPI, RPI and HPI inflation data for July will be released at 8:30 GMT.
- Germany: ZEW survey current situation and economic sentiment will be released at 9:00 GMT.
- Eurozone: Trade balance for June will be released at 9:00 GMT, along with Zew survey report on economic sentiment.
- United States: Housing starts for July will be released at 12:30 GMT, along with CPI inflation data for July and followed by Industrial production at 13:15 GMT. Fed’s Lockhart is scheduled to speak at 16:30 GMT.
- New Zealand: Global dairy auction is scheduled today. Producer price inflation for the second quarter and employment report will be released at 22:45 GMT.
- Auction: United States will auction 1-month and 12-month bills at 15:30 GMT.
