Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Time to buy local: war fuel price shocks reveal the folly of a long food supply chain 
Australia's Energy Crisis: Free Public Transport as Fuel Shortages Bite 
U.S. Stocks Tumble as Iran Peace Deal Uncertainty Spooks Markets 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for August came at 989 million with exports growing 1 percent and imports flat.
Upcoming:
- Switzerland: Consumer price inflation numbers will be released at 7:15 GMT.
- Eurozone: ECB’s Praet is scheduled to speak at 8:30 GMT and Coeure at 12:15 GMT.
- Greece: July unemployment report will be released at 9:00 GMT.
- United States: August trade balance report will be released at 12:30 GMT., along with weekly jobless claims report. FOMC member Powell is scheduled to speak at 13:10 GMT, Williams at 13:15 GMT, Harker at 14:00 GMT, and George at 20:30 GMT. Factory orders for August will be released at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- United Kingdom: MPC member Haldane is scheduled to speak at 17:30 GMT.
- Auction: Spain will auction 5-year bond today and France will auction 10-year bond.
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