Key developments that could influence the markets today and North Korea playing with fire.

A look at European and global markets ahead of Tuesday:

- The foundations for a happy Tuesday are there, Britain has opened the door to abolishing plans for spending its way out of a difficult inflation period, to praises from investors.

= Apart from the currency, all Australian assets were heating an unexpected slowdown in the pace of interest rate hikes. The central bank acts responsibly by entering a 'wait-and-see' mode. The country's bond market was having its best day in 13 years and the ASX 200 its best in over two years (investing.com). Europe and US stock future are also up.

- Worries regarding Credit Suisse rise, the hammering by its exposure to the twin collapses of Archegos and Greensill, has demolished its equity and debt prices and fingers point to stress in the system (investing.com).

- North Korea has decided to fire a missile across Japan overnight and Ukraine's war progress in the east increases the risk of an unpredictable Russian response (cnbc.com).

Other key things that could influence the markets today:

- Euro zone producer prices (10:00 AM GMT)

- US JOLTs job openings for August (15:00 PM GMT)

- ECB President Lagarde Speaks (16:00 PM GMT)

- API Weekly Crude oil stock (21:30 PM GMT)