Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
German Industry Employment Falls to Lowest Level in a Decade 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Not many economic dockets and events are scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Construction work declined by 3.7 percent in the second quarter.
Upcoming:
- Japan: Leading economic index and coincident index will be released at 5:00 GMT.
- Germany: Second quarter GDP data will be released at 6:00 GMT. Prior 0.4 percent.
- United Kingdom: BBA mortgage approvals will be released at 8:30 GMT.
- United States: MBA mortgage applications will be released at 11:00 GMT. Housing price index for the month of June will be announced at 13:00 GMT. Existing home sales report for the month of July will be released at 14:00 GMT. EIA will release its weekly inventory report at 14:30 GMT.
- Japan: Corporate service prices will be released at 23:50 GMT.
- Auctions: United States will auction 5-year note at 17:00 GMT.
