SNAPSHOT: Equities down, Treasuries flatten, Crude up, Dollar up, Gold down.REAR VIEW: Trump said no talks or conversations going on, or scheduled, with Iran; Trump said blockade remains in full force and effect; Softer-than-expected US import & export prices; US Housing Starts miss, Building permits beat; US Pending Home Sales unexpectedly decline; US IP falls short, Mfg prod. in line; Iran reiterates Strait of Hormuz will not reopen until demands are met; UKMTO received report of an incident in the Strait of Hormuz; UK u/e rate ticks higher; HD earnings beat.COMING UP: Data: UK Inflation (Jul), EU Inflation Final (Jul). Events: FOMC Minutes (Jul). Speakers: ECB's…