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.


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Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress
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Middle East Conflict Impacts Australia and New Zealand Businesses
Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets 



