Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz 
Wall Street Slides as Treasury Yields Surge to 19-Year High 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Malaysia Inflation Eases to 1.8% in July, Below Forecast 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply 
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 
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Not many economic dockets scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- United Kingdom: BBA mortgage approvals will be released at 8:30 GMT.
- United States: Redbook index for July 22nd will be released at 12:55 GMT, followed by S&P/Case Shiller home prices for May will be released at 13:00 GMT. Prior5.4 percent. Flash services PMI from Markit will be released at 13:45 GMT, followed by Richmond Fed manufacturing index, consumer confidence, and new home sales at 14:00 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT and 5-year note at 17:00 GMT.
