IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
China Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
The EU is threatening to take "decisive action" against the US over its unwillingness to settle the issue of aircraft subsidies and its plan to conduct new investigations in trade deficits.
The aircraft trade dispute dates back to 2004 over subsidies for Europe's Airbus and US planemaker Boeing.
The World Trade Organization (WTO) has awarded the US the right to impose duties on $7.5 billion worth of European goods related to Airbus subsidies. It is expected to rule in September what Europe can do in support of Boeing.
According to European Trade Commissioner Phil Hogan, the US had twice rejected EU's proposals to settle the aircraft trade dispute and is hoping for the WTO to find a solution in September.
Hogan wants to "reassure people" about a strong and decisive action by the EU if they didn't get the outcome they expected from the US to finalize the dispute.
Hogan called the US's "Section 232" investigations, which assess the national security impact of imports to the US, unacceptable, and said it would prompt them to "stand together and act."
The US investigations will be made on mobile cranes, transformers, and steel products, including nails, and would check the impact of the planned EU digital services taxes on US commerce.
US President Donald Trump had been critical of the EU over its trade surplus and imposed tariffs on metal imports from the EU and threatened similar action against its cars.
