US Stock Futures Steady as Cooling Inflation and Strong Earnings Support Markets 
France Inflation Rises 2.4% in July as Consumer Prices Increase 
Asian Stocks Steady as Iran War Keeps Oil Prices and Inflation Risks Elevated 
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 
Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets 
Malaysia Inflation Eases to 1.8% in July, Below Forecast 
Yen Edges Higher as Weak US Data Dampens Fed Rate Hike Expectations 
S&P 500 Hits Record High as Soft Inflation Data Eases Fed Rate Hike Fears 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
Barclays Warns U.S. Stock Rally May Be Detached From Fundamentals 
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Lots of economic dockets scheduled for today, however, only a few with high volatility risks associated.
Data released so far –
- China: MNI business sentiment indicator rose to 55.5 from 54.5
- Japan: Nikkei flash manufacturing PMI rose to 49 in July.
Upcoming:
- France: Markit manufacturing and services PMI will be released at 7:00 GMT.
- Germany: Markit manufacturing and services PMI will be released at 7:30 GMT.
- Italy: Industrial sales and orders will be published at 8:00 GMT. Retail sales for May will be released at 9:00 GMT, followed by trade balance at 10:00 GMT.
- Eurozone: Markit services and manufacturing PMI will be reported at 8:00 GMT.
- United Kingdom: Markit manufacturing and services PMI will be released at 8:30 GMT.
- Canada: Retail sales report for May will be released at 12:30 GMT, along with consumer price inflation for June.
- United States: Markit manufacturing PMI will be released at 13:45 GMT.
