Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Not many economic dockets and events are scheduled for today but some with high volatility risks associated.
Data released so far:
- Japan: Consumer confidence marginally improved to 42.
Upcoming:
- Spain: Unemployment change for August will be reported at 7:00 GMT. Prior -84,000, expected +15,000
- Italy: Second quarter GDP data will be released at 8:00 GMT. Expected 0.7 percent y/y.
- Eurozone: Producer price index for July will be released at 9:00 GMT.
- United States: Non-farm payroll report will be released at 12:30 GMT, followed by ISM New York August at 13:45 GMT and factory orders at 14:00 GMT. Fed’s Lacker is scheduled to speak at 17:00 GMT.
- Canada: International trade data along with labor productivity numbers will be released at 12:30 GMT.
