Oil Prices Fall as Saudi Supply Improves, Middle East Fears Ease 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
Asian Stocks Rise After Fed Rate Hike 
Gold Prices Rise as Oil and Treasury Yields Fall 
Australia GDP Beats Forecast, Boosting RBA Rate Hike Bets 
Trump Hopes Iran War Nears End as Yemen Fighting Escalates 
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Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Leading economic index down 0.1 percent in July, up 0.5 percent in the second quarter on a quarterly basis and up 1.9 percent from a year ago.
Upcoming:
- Italy: Second quarter flash GDP report will be published at 8:00 GMT.
- United Kingdom: ILO unemployment report will be published at 8:30 GMT.
- Eurozone: Second quarter flash GDP report will be published at 9:00 GMT.
- United States: Building permits and housing starts report will be published at 12:30 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC will release minutes at 18:00 GMT.
- New Zealand: Producer price inflation report will be released at 22:45 GMT.
- Japan: July trade balance report will be released at 23:50 GMT.
- Auction: Spain will auction 6-month and 12-month bonds today.
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