Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade 
Malaysia Inflation Eases to 1.8% in July, Below Forecast 
Oil Prices Rise as US-Iran Tensions Renew Strait of Hormuz Supply Fears 
US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices 
Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves 
European Stocks Slide as Iran War Escalation Sends Oil Higher 
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts 
Gold Prices Edge Higher as Dollar Weakens Ahead of Fed Minutes 
Citadel Warns High Treasury Yields Pose Broader Market Risks 
Asian Stocks Steady as Iran War Keeps Oil Prices and Inflation Risks Elevated 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
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Few economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- New Zealand: ANZ business confidence improved to 21.7 in December. ANZ activity outlook improved to 39.6 percent in December.
- China: House price index rose 12.6 percent y/y in November.
Upcoming:
- Germany: IFO sentiment report will be released at 9:00 GMT. Bundesbank will release its monthly report at 11:00 GMT.
- Eurozone: Third quarter labor cost will be released at 10:00 GMT, along with construction output for October.
- Australia: CB leading indicator for October will be published at 13:30 GMT.
- United States: Flash services PMI data will be published at 14:45 GMT.
- New Zealand: Food price index for October will be published at 21:45 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT.
