Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Asian Stocks Slide as Oil Surge, U.S.-Iran Tensions and Fed Rate Bets Weigh on Markets 
Goldman Sees Foreign Investors Driving India Stock Market Recovery 
Japanese Yen Holds Steady as Intervention Hopes Grow Ahead of U.S. CPI Data 
Asian Currencies Weaken as Stronger Dollar Weighs, Yen Supported by GPIF Repatriation Hopes 
European Stocks Slip as Middle East Tensions and Hormuz Threat Rattle Markets 
Dollar Slides as Softer US Inflation Dims Fed Rate Hike Expectations 
Iraq PM Visits Washington as U.S. Oil, Gas Deals Take Center Stage 
Gold Price Holds Near Record High as Cooling U.S. Inflation Offsets Fed Caution 
China Trade Surplus Hits $125.6 Billion as June Exports, Imports Smash Forecasts 
In July Japanese industrial production was surprisingly weak as the Ministry for Trade and Industry announced this morning. July industrial production is declined by 0.6% mom, after a firm growth in June of +1.1% mom.
However, the yen was unaffected by the news. It was able to appreciate in line with its role as a safe haven. The fact that Chinese stocks started the week on the wrong foot and that the oil price is easing against Friday's high was clearly more important than domestic factors. Current developments are further proof of how much exchange rates are driven by global factors rather than country specific factors.
