Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations 
China Services PMI Rises in April Despite Weak Export Demand 
Oil Prices Slide as Middle East Tensions Ease and U.S. Crude Inventories Shrink 
Middle East Conflict Impacts Australia and New Zealand Businesses 
Yen Volatility and Middle East Tensions Drive Dollar Strength in FX Markets 
Wall Street Futures Climb as Trump Signals Iran Deal Progress 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty 
US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran 
Not many economic dockets scheduled for release today and all with low to medium risks associated.
Upcoming:
- France: Business climate data for September will be released at 6:45 GMT.
- Eurozone: Economic bulletin will be released at 8:00 GMT. ECB President Draghi’s speech is scheduled at 13:00 GMT.
- United Kingdom: CBI Industrial trend survey report for September will be released at 10:00 GMT. MPC member Cunliffe is scheduled to speak at 13:30 GMT. BoE governor Carney is scheduled to speak at 17:00 GMT.
- United States: Chicago Fed National Activity index for August will be reported at 12:30 GMT, along with weekly jobless claims report and followed by house price index at 13:00 GMT. Existing home sales report for August and CB leading indicator will be reported at 14:00 GMT, followed by Kansas City Fed manufacturing activity at 15:00 GMT. EIA will release natural gas inventory report at 14:30 GMT.
