Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Lots of data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: NBS manufacturing PMI rose to 51.7 in August. Non-manufacturing PMI declines to 53.4
- Australia: HIA new home sales declined 3.7 percent in July. Private sector credit is up 0.5 percent in July, up 5.3 percent y/y.
- New Zealand: ANZ business confidence declined to 18.3 in August. Activity outlook declined to 38.2 percent.
- Japan: Vehicle production is up 1.4 percent y/y.
Upcoming:
- Japan: Housing starts numbers and construction orders report will be published at 5:00 GMT.
- Germany: Retail sales report for July will be published at 6:00 GMT, followed by unemployment report at 8:00 GMT.
- France: Producer and consumer price inflation reports will be published at 6:45 GMT.
- Italy: Unemployment report will be published at 8:00 GMT, followed by HICP inflation report at 9:00 GMT.
- Greece: Retail sales report will be released at 9:00 GMT.
- Eurozone: Unemployment and HICP inflation reports will be published at 9:00 GMT.
- United States: Challenger jobs report will be published at 11:30 GMT, followed PCE inflation report along with consumer income and spending reports and weekly jobless claims report at 12:30 GMT. Chicago PMI report will be published at 13:45 GMT, followed by pending home sales report at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: Second quarter GDP numbers will be updated at 12:30 GMT.
- New Zealand: Terms of trade report will be published at 22:45 GMT.
- Australia: Performance of manufacturing index will be updated at 23:30 GMT.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
