In an interview, British trade secretary fox said the eu's tough intransigence made it increasingly likely that Britain would leave without a deal. The risk of no deal has risen to 60 per cent.
In European trading on Tuesday, the dollar fell across the board, with the euro, sterling, yen and other G10 currencies all rebounding and the offshore yuan surging.
A spokesman for China's commerce ministry said the United States had decided to impose tariffs of 25 percent on $16 billion of Chinese imports from the United States starting August 23.
Japan is expected to start providing preliminary second-quarter GDP data on Friday, rebounding to 0.3% from minus 0.2% in the first quarter. The annualized figure is expected to be 1.4%, down 0.6% from the previous quarter
The main economic focus this week will be the July consumer price inflation report on Friday.
The Turkish lira fell 20 percent on Friday, bringing down the euro and European and American stock markets.

Monday, August 6

Domestic refined oil opens new round of price adjustment window.
The United States has renewed sanctions against Iran's auto industry, gold trade and other major metals deals.

Tuesday, August 7

The rba releases its interest rate resolution and policy statement.

Wednesday, August 8

The EIA releases its monthly short - term energy outlook.
The bank of Japan has released a summary of its members' views on the July 30-31 policy meeting.
Australian federal reserve chairman Philip Lowe speaks at the Anika foundation luncheon.
Thomas Barkin, chairman of the Richmond federal reserve bank and a member of the 2018 committee voting committee, speaks to local business and community leaders.

Thursday, August 9

Japan's economy minister yasuhiro motegi has traveled to Washington for a new round of ministerial-level trade talks with the United States.
The New Zealand federal reserve releases its interest rate resolution and policy statement.

Friday, August 10

Chicago fed President Charles Evans will talk to reporters about fed rate hikes and how to respond to the next recession.
The rba releases its quarterly monetary policy statement.
The IEA releases its monthly oil market report.