Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Lots of economic dockets and events are scheduled for today and all with low volatility risks associated.
Data released so far:
- China: MNI business sentiment declined in August to 54.3 from 55.5 prior.
- Japan: Nikkei manufacturing PMI rose to 49.6 in August.
Upcoming:
- Switzerland: Trade balance for July will be released at 6:00 GMT.
- France: Flash manufacturing and services PMI will be released at 7:00 GMT.
- Germany: Flash manufacturing and services PMI will be released at 7:30 GMT.
- Eurozone: Flash manufacturing and services PMI will be released at 8:00 GMT. Flash consumer confidence for August will be announced at 14:00 GMT.
- United Kingdom: CBI industrial trend survey report will be released at 10:00 GMT.
- United States: Flash markit manufacturing PMI report will be released at 13:45 GMT. New home sales for the month of July will be announced at 14:00 GMT. Richmond Fed manufacturing Index will be released at 14:00 GMT.
- New Zealand: Trade balance for July will be released at 22:45 GMT.
- Auctions: United States will auction 1-month bills at 15:30 GMT and 2-year note at 17:00 GMT. Spain will auction 3-month and 9-month letras today.
