Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease 
Australian Consumer Sentiment Jumps 6% in August as Rate Outlook Improves 
Wall Street Falls as Oil Prices Rise, Fed Minutes and Retail Earnings in Focus 
UK Wage Growth Holds at 3.5% as Unemployment Rises 
Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape 
US Dollar Holds Steady as Fed Rate Bets and Iran Tensions Drive Markets 
UK Inflation Rises to 2.9% in July as Energy Costs Climb 
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply 
Gold Prices Hold Near $4,400 as Fed Rate Hike Bets Fade 
Dollar Slides as Soft U.S. Data Cuts Fed Rate Hike Bets 
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Lots of economic data releases and events scheduled today and some are with high risks associated.
Upcoming:
- Spain: HICP inflation for September and retail sales report for August will be shared at 7:00 GMT.
- Germany: Unemployment report for September will be released at 7:55 GMT. HICP inflation for September will be reported at 12:00 GMT.
- United Kingdom: Mortgage approvals and money supply data for September will be released at 8:30 GMT. GFK consumer confidence for September is set to be released at 23:00 GMT.
- United States: FOMC member Harker is scheduled to speak at 9:00 GMT. Weekly jobless claims report is scheduled for release at 12:30 GMT, along with second quarter GDP data and followed by pending home sales report at 14:00 GMT. EIA will release natural gas inventory report at 14:30 GMT. Fed's Lockhart is scheduled to speak at 12:50 GMT and Powell at 14:00 GMT. Fed’s Yellen is scheduled to speak at 20:00 GMT.
- Eurozone: Manufacturing, services, and economic sentiment along with business climate and industrial confidence will be reported at 9:00 GMT.
- New Zealand: Building permits for August will be reported at 22:45 GMT.
- Japan: Tokyo and National CPI data will be published 23:30 GMT, along with unemployment report and household spending. BoJ will release the summary of opinions for its monetary policy meeting at 23:50 GMT. Industrial production data for August will be reported about the same time.
