Asian Stocks Rise as Softer U.S. Inflation Boosts Sentiment Despite Middle East Tensions 
Oil Prices Surge as U.S.-Iran Conflict Escalates and Strait of Hormuz Risks Grow 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
Dollar Rises as Middle East Conflict Fuels Inflation and Rate Hike Fears 
China Home Prices Fall Again in June Despite Slower Pace of Decline 
Asia Stocks Slip as Iran-Hormuz Tensions Lift Oil Prices, Dollar and Bond Yields 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Terms of trade improves in the third quarter as import price declines by 1.6 percent and export price declined by 3 percent.
Upcoming:
- Germany: GFK consumer confidence survey report will be released at 6:00 GMT.
- Italy: Business and consumer confidence report for October will be released at 8:00 GMT.
- Eurozone: Money supply and private loans report will be released at 8:00 GMT. ECB will announce interest rate decision at 11:45 GMT, followed by a press conference at 12:30 GMT.
- United Kingdom: CBI trade survey report will be released at 10:00 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with goods trade balance for September and followed by pending home sales report at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. Kansas Fed manufacturing report will be published at 14:30 GMT. Fed’s Kashkari is scheduled to speak at 15:00 GMT.
- Japan: Inflation report will be released at 23:30 GMT.
- Auction: Italy will auction 10-year bond today. U.S. will auction 7-year bond at 17:00 GMT.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
