Not many economic dockets scheduled for today but some with high risks associated.
Upcoming:
- Italy: Trade balance for July will be reported at 8:00 GMT.
- Eurozone: Second quarter labor costs details will be published at 9:00 GMT.
- United States: Consumer price inflation for August will be reported at 12:30 GMT. Prior 0.8 percent y/y, expected 1 percent. Core CPI 2.2 percent y/y. Michigan consumer sentiment for September will be published at 14:00 GMT. Baker Hughes rig report will be published at 17:00 GMT.
- Canada: Manufacturing shipments details for July will be reported at 12:30 GMT.


U.S. Stock Futures Surge as Trump Postpones Iran Strikes, Ceasefire Hopes Rise
Trump Suspends Iran Strikes for Two Weeks as Ceasefire Talks Begin
Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand
Sterling Slides as Dollar Holds Firm Amid U.S.-Iran Tensions
Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns
Asian Markets Rally on Iran Ceasefire Hopes as US-Iran Tensions Simmer
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock
Global Markets Waver as U.S.-Iran War Deadline Looms and Oil Prices Surge
Asian Markets Hold Steady Ahead of Trump's Iran Deadline as Oil Tops $110 



