UK July CBI retail sales balance due in 10 minutes.

A VLCC named Olympic Luck carrying part Saudi crude transited the Suez Canal into the Mediterranean on Sunday night, Kpler data show. The Greek-flagged vessel has since diverted from Europe and is en route to an undisclosed Asian destination. The move, after Houthi militants last week announced a Red Sea blockade and attacked ships, is likely the first VLCC with Saudi crude to opt for the longer, costlier route around Africa; other vessels continue to risk passage through the Bab al-Mandeb.

Japan's Prime Minister Takaichi said the government will boost tax receipts by expanding GDP and will not resort to irresponsible fiscal spending.