Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Asian Currencies Hold Steady as RBA Rate Hike and Middle East Tensions Shape Market Sentiment 
Gold Prices Edge Higher Amid Middle East Tensions and Oil Market Volatility 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Oil Prices Ease in Asian Trade as Gulf Tensions and Hormuz Shipping Risks Weigh on Markets 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
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.
