Japan -1.98%. Japan June PPI 9.2% y/y (expected 8.8%) & 0.7% m/m (expected 0.5%).
China -0.74%.
Hong Kong -1.23%
Australia +0.09%. Australia business confidence 1 (prior 6).
Australian monthly consumer sentiment survey drops another 3% to 83.8.
Australian weekly consumer confidence fell again this week.
India -0.30%.
Overnight on Wall Street major US stock indices are closing lower on the day. The Dow Jones Industrial Average fell -164.31 points or -0.52% at 31173.83. The S&P 500 fell -44.93 pints or -1.15% at 3854.44, while the Nasdaq Composite fell -262.70 points or -2.26% at 11372.61.
Tuesday is quiet on the data front, but investors will look ahead to the upcoming U.S. inflation report and China GDP report later this week.
UK – BarclayCard consumer spending up 6.2% y/y (utility spending surges nearly 40%).
UK data on retail sales is masking the real collapse.
Oil prices fell on Tuesday as fresh Covid-19 curbs in China, the world’s biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook.
Brent crude futures for September fell $1.47, or 1.4%, to $105.63 a barrel by 0057 GMT while U.S. West Texas Intermediate crude for August delivery was at $102.50 a barrel, down $1.59, or 1.5%.
Gold hit a new nine-month low on Tuesday, as the U.S. dollar at a 20-year high stifled demand for bullion, but a slight recovery in the euro against the greenback limited further losses.
Spot gold was up 0.1% at $1,734.97 per ounce as of 0229 GMT, after hitting its lowest since Sept. 30 of $1,722.36 earlier in the session.
U.S. gold futures firmed 0.2% to $1,734.20.
Spot silver rose 0.3% to $19.14 per ounce, platinum dipped 0.7% to $863.82, and palladium dropped 1% to $2,140.80.
U.S. futures lower. Dow Jones -0.49%; S&P 500 -0.56%; Nasdaq -0.66%.