Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
England Drought Expands to 71% as Heatwave Deepens Water Crisis 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
Gold Price Hits Two-Month High as Investors Await US Inflation Data 
South Korean Won Leads Asian FX Losses as Dollar Rises 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Germany: Import price index for October will be released at 7:00 GMT.
- Italy: Business climate report for November will be released at 9:00 GMT.
- Eurozone: October data on money supply and private loans will be released at 9:00 GMT, followed by sentiment report at 10:00 GMT. ECB president Draghi is scheduled to speak at 14:00 GMT.
- United States: Dallas Fed manufacturing business index will be published at 15:30 GMT.
- Canada: BoC governor Poloz is scheduled to speak at 23:00 GMT.
- Japan: Unemployment report for October will be published at 23:30 GMT, followed by reports on retail trade at 23:50 GMT.
