Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
German Industry Employment Falls to Lowest Level in a Decade 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Lots of economic dockets and events are scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits grew by 11.7 percent in July, up 3.1 percent from a year back.
- Germany: Import price declined by 3.8 percent in July, up 0.1 percent on yearly basis.
Upcoming:
- Spain: Flash HICP inflation for August will be released today.
- Switzerland: KOF leading indicator will be released at 7:00 GMT, followed by employment report for the second quarter at 7:15 GMT.
- Italy: Retail sales report for the month of June is scheduled for release at 8:00 GMT.
- United Kingdom: Consumer credit, money supply, and mortgage approvals reports will be released at 8:30 GMT. GFK consumer confidence for August will be released at 14:00 GMT.
- Greece: producer price index for July will be announced at 9:00 GMT.
- Eurozone: Sentiment reports for the month of August will be reported at 9:00 GMT.
- Portugal: Business and consumer confidence will be announced today.
- Germany: HICP inflation report will be released at 12:00 GMT.
- Canada: Raw material price and industrial product price and current account for second quarter, all detail will be released at 12:30 GMT.
- United States: S&P 500/ Case-Shiller home prices will be released at 13:00 GMT.
- Japan: Flash Industrial production for July report will be released at 23:50 GMT.
- Auctions: Italy would auction 5-year and 10-year bond today. US will auction 1-month bill at 15:30 GMT.
