Gold futures fluctuated higher in the Asian market to hold near 6-year high, shrugging off dollar's rebound, on the threshold of economic data releases today by the US economy, amid concerns about escalation of the US-China trade war and Hong Kong's protests and strikes.

As of 03:45 GMT, gold futures (December delivery) rose by 0.28% to $1,526.60 an ounce, from the opening of $1,522.30, opening on a bullish gap after closing yesterday at $1,517.20, while dollar rose by 0.13% to 97.61 points from the opening of 97.48.

Investors are anticipating the release of the US CPI reading which is expected to grow by 0.3% vs. 0.1% in June, with the core CPI reading which may grow by 0.2% vs. 0.3%. While the annual CPI reading may grow by 1.7% vs. 1.6%, and the annual core reading may reflect a growth by 2.1%.

Markets are still pricing Hong Kong's strikes and protests, which led to the cancellation of more than 150 flights, as the protesters reached 15,000 people which shows an escalation of the pro-democracy protests that started in June.

Last weekend, President Trump said the situation in his country is good and that the trade talks with China are still going on, while no agreement has been reached yet, saying Beijing has demands and Washington is not ready to approve them, adding that he wants the the US rates to be cut by 1% to support the economy.

Trump added that he's not happy with dollar's strength, which came after Chinese yuan sharp drop below the 7 yuan per dollar mark for first in more than a decade, and the US designated China as currency manipulator to gain competitive advantages in the midst of the trade war.

A Chinese trade delegation is scheduled to visit the United States next month for a new round of trade talks, the visit (which has yet to be confirmed by China) will coincide with Trump's tariffs increase decision taking effect, which is an increase by 10% on Chinese imports $300 billion.

Asian stocks opened lower today following Wall Street, which have extended its losses yesterday, on the escalation of the US-China trade war and Hong Kong's protests and strikes on Monday that led authorities to cancel more than 150 flights.

The Japanese stocks fell broadly today, as Topix fell by 1.15% or 17.30 points to 1,486.54, Nikkei 225 shed 1.17% or 242.93 points to 20,441.89.

Chinese stocks also saw a drop, as CSI 300 fell by 0.66% or 24.76 points to 3,674.76, and Shanghai Composite fell by 0.51% or 14.37 points to 2,800.62.

Hong Kong's Hang Seng shed 1.21% or 313.52 points to 25,511.20, while South Korea's Kospi fell 0.64% or 12.38 points to 1,929.91.

To New Zealand's NZX 50, which fell by 0.27% or 28.99 points to 10,843.75, the Australian S&P/ASX 200 fell by 0.23% or 15.46 points to 6,574.80.

US stocks fell today on the continued trade war concerns, Hong Kong's political turmoil and the fall of US treasury bond yields.

Thousands of protesters gathered at Hong Kong's International Airport, which made authorities cancel more than 150.

The 10-year US treasuries yield fell to 1.64% and the 30-year fell to 2.130%.

Observers see that Hong Kong's protests has put pressure on Wall Street, as investors fear it could have an impact equivalent to the trade war.

In the oil market, WTI rose by 0.8% to close at $54.93 a barrel, with a high of $55.1 and a low of $53.5.

Brent rose by less than 0.1% to close at $58.57 a barrel, with a high of $58.8 and a low of $57.8.

While Dow Jones fell by 1.4% or 389 points to close at 25,897, with a high of 26,178 and a low of 25,824.

Nasdaq shed 1.2% or 95 points to 7,863, with a high of 7,924 and a low of 7,433 points.

S&P 500 fell by 1.2% or 35 points to 2,883, with a high of 2,907 and a low of 2,873.

Silver rose today as demand on precious metals returned due to political concerns in markets.

Thousands of protesters gathered at Hong Kong's International Airport, demanding authorities to cancel more than 150 flights from or to the airport.

Otherwise, th 10-year US treasuries yield fell to 1.6%, below the three-month treasuries yield, which is called reversal of the yield curve, a technical move indicating an economic recession.

As of 19:19 GMT,  dollar fell against a basket of currencies by 0.1 to 97.4 points, with a high of 97.7 and a low of 97.3.

Silver futures (September delivery) rose by 0.8% or (14 cents) to close at $17.071 an ounce, with a high of $17.15 and a low of $16.80.