Japan Wholesale Inflation Jumps as Energy Shock Drives Import Costs Higher 
Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears 
Dollar Ends Week Higher as Yen Jumps on Japan Pension Fund Investment Plans 
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields 
EU Weighs New Trade Restrictions on Israeli West Bank Settlements 
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
Gordie Howe Bridge to Open July 27 After U.S.-Canada Reach Toll Revenue Agreement 
US-Iran Strikes Escalate as Strait of Hormuz Crisis Pushes Oil Prices Higher 
Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns 
Deutsche Bank Sees Global Capital Shifts Reshaping Long-Term U.S. Dollar Outlook 
Japan Eyes Bigger GPIF Investment in Domestic Assets as BOJ Independence Concerns Grow 
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Japan: Flash Nikkei manufacturing PMI improves to 52.8 in August.
Upcoming:
- Eurozone: ECB President Draghi is scheduled to speak at 7:00 GMT. Flash manufacturing and services PMI report will be released at 8:00 GMT
- France: Flash manufacturing and services PMI report will be released at 7:00 GMT.
- Germany: Flash manufacturing and services PMI report will be released at 7:30 GMT.
- United States: MBA mortgage applications report will be published at 11:00 GMT, followed by the release of flash manufacturing and services PMI report at 13:45 GMT and new home sales report at 14:00 GMT. EIA will release weekly oil inventory report at 14:30 GMT.
- New Zealand: July trade balance report will be published at 22:45 GMT.
- Auction: 10-year bond from Germany will be auctioned today.
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