Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
US Dollar Gains as Iran Tensions, Fed Rate Hike Bets Rise 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
Dollar Holds Near Six-Week Low as Yen Loses Momentum Ahead of U.S. Jobs Data 
Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease 
US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment 
As of August 2016, 113 companies have defaulted worldwide, according to Standard & Poor's Fixed Income Research. The figure is the highest for a year since 2009, the time of great recession. in 2009, 208 companies defaulted.
If the number of defaults is any indication, then a crisis could be looming ahead and this time, it could be surrounding corporate debt.
