China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Gold Prices Rise as Fed Rate Hike Bets Ease 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
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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