Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
Asian Stocks Rise Slightly as Oil Prices Hold Steady Amid Middle East Uncertainty 
Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire 
Global Markets Rise as Oil Prices Stabilize Amid Middle East Tensions 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Asian Markets Slip Amid Strait of Hormuz Tensions and RBA Rate Hike Expectations 
Oil Prices Ease Slightly as Strait of Hormuz Tensions and U.S.-Iran Talks Support Market Above $100 
US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Current account balance for second quarter came at $15.5 billion.
Upcoming:
- Australia: RBA will announce interest rate decision at 4:30 GMT. AiG performance of construction index will be reported at 23:30 GMT.
- Switzerland: Second quarter GDP data will be released at 5:45 GMT. CPI inflation figure for August will be released at 7:15 GMT.
- Germany: Factory orders for July will be reported at 6:00 GMT.
- China: China might release FX reserve data today.
- Eurozone: Second quarter GDP data will be released at 9:00 GMT.
- United States: Markit services PMI for August report will be published at 13:45 GMT. ISM non-manufacturing PMI report will be published at 14:00 GMT, along with Labor Market conditions index (LMCI) and TIPP economic optimism.
- New Zealand: Global dairy auction is scheduled today. Second quarter manufacturing sales report will be announced at 22:45 GMT.
- Auctions: UK will auction 10-year bond today.
