Dollar Holds Steady Ahead of U.S. CPI as Oil Surge, Middle East Tensions Keep Markets on Edge 
ECB's Kocher Says No Inflation Spillover Yet From Iran Conflict, Warns Risks Remain 
Gold Price Holds Near $4,000 as Middle East Tensions and Fed Rate Hike Bets Grow 
Gold Prices Fall as US-Iran Conflict, Rising Oil Prices Fuel Fed Rate Concerns 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
US Inflation Expected to Ease in June, but Fed Rate Hike Risks Persist Amid Middle East Tensions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Dollar Eases as Middle East Conflict, Fed Outlook and Japan Pension Policy Drive FX Markets 
South Korea’s KOSPI Enters Bear Market Despite Remaining 2026’s Best-Performing Major Stock Index 
China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Third-quarter GDP up 0.6 percent, up 2.8 percent from a year ago.
Upcoming:
- Germany: October factory orders report will be released at 7:00 GMT.
- Switzerland: Consumer price inflation report for November will be released at 8:15 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Markit services PMI report will be released at 9:30 GMT. ECB’s Mersch is set for a speech at 10:30 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. ADP employment report will be released at 13:15 GMT, followed by unit labor costs and non-farm productivity report at 13:30 GMT. TIPP economic optimism report will be released at 15:00 GMT. EIA will release its weekly oil market report at 15:30 GMT.
- Canada: Labor productivity report will be released at 13:30 GMT. BoC will announce interest rate decision at 15:00 GMT.
- Australia: AiG performance of construction index will be released at 22:30 GMT.
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