China Manufacturing PMI Hits 12-Month High Amid Energy Price Concerns 
Aluminum Prices Surge Toward Four-Year Highs After Gulf Smelter Strikes 
U.S. Trade Rep Dismisses WTO's Future Role After Failed Cameroon Summit 
Oil Prices Dip as Trump Eyes Iran De-escalation, Hormuz Closure Persists 
Gold Prices Inch Higher Amid U.S.-Iran War Tensions and Technical Rebound 
Gold Prices Rebound in Asia Amid Iran War Ceasefire Hopes 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Middle East Conflict Drives Dollar Surge as Yen Hits Critical Threshold 
Asian Stocks Drop Amid Iran War Fears and BOJ Rate Hike Signals 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Fundamentals to watch out for this week
Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market.
What to watch for over the coming days:
- UK economic data:
Time has come to pay some extra attention as the first batch of key economic data from the post-referendum UK become available this week. There are inflation data on Tuesday, Employment data on Wednesday and retail sales data on Thursday. All these data are for the month of July.
- US economic data and Fed speakers:
Not many economic dockets but all with high volatility risks associated On Monday, there is house price index from the National Housing Board, consumer price inflation data on Tuesday, and FOMC minutes on Wednesday. Several Fed speakers are scheduled this week; Fed’s Lockhart on Tuesday, Bullard on Wednesday, and Williams on Thursday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
