European Stocks Volatile as U.S.-Iran Tensions Threaten Oil Supply and Global Markets 
EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports 
Gold Prices Slip Amid Iran Tensions and Rising Rate Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
Iran Warns No Military Fix for Hormuz Crisis as Talks Show Progress 
Not many economic dockets and events are scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales declined -9.7 percent in July after growing 8.2 percent in the previous month.
Upcoming:
- Germany: Import price index for July will be released at 6:00 GMT.
- Italy: Consumer and business confidence for the month of August will be released at 8:00 GMT.
- Greece: Second quarter GDP will be released at 9:00 GMT.
- United States: Personal consumption expenditure report will be released at 12:30 GMT. Dallas Fed manufacturing index will be released at 14:L30 GMT.
- Australia: Building permits report for July will be released at 22:45 GMT.
- Japan: Unemployment report for July will be released at 23:30 GMT, along followed by retail sales report at 23:50 GMT.
