U.S. August industrial production MoM due in 10 minutes.

At the morning open, China’s most-active futures were mostly lower: Shanghai crude (SC) fell nearly 6%; LPG and coking coal dropped over 3%; fuel oil and PVC declined about 3%; benzene, p-xylene and styrene (EB) slipped more than 2%. Gainers included container shipping (Europe route) up over 3%, Shanghai silver up over 2%, Shanghai lead and international copper near +2%, and Shanghai zinc, lithium carbonate, Shanghai tin and Shanghai copper up more than 1%.

Reserve Bank of Australia Governor Bullock said the bank is operating in an environment of persistently high oil prices.