South Korean Won Leads Asian FX Losses as Dollar Rises 
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
Gold Prices Rise as Fed Rate Hike Bets Ease 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
This week is quite risk heavy with important economic dockets and central bankers.
What to watch for over the coming days:
- U.S. economic data:
After a disappointing NFP report last Friday, focus will be on the next set of data from the United States and that includes, ISM non-manufacturing PMI on Tuesday, and Beige book release on Wednesday. Fed’s Williams and Rosengren are scheduled to speak this week.
- UK economic data:
All the three manufacturing PMI have rebounded and beat market expectations. The focus will be on the next data sets to evaluate whether these bounces are recovery or dead cat. Keep an eye for BRC shop price on Tuesday, Halifax house prices on Wednesday, Consumer inflation and trade balance data on Friday.
- ECB, BoC, RBA and Mark Carney:
European Central Bank (ECB) will announce its monetary policy on Thursday, which is likely to be a major mover for the Euro, whereas Bank of England (BoE) governor Mark Carney would be testifying before parliament on inflation report hearings. The Reserve Bank of Australia (RBA) will announce policy decision on Tuesday and Bank of Canada will announce it on Wednesday.
- Chinese economic data:
Chinese economic data almost always a must watch. Most vital ones would be the trade balance report and FDI on Thursday and inflation readings on Friday.
In addition to the above unscheduled Brexit commentaries would keep weighing on the market.
