Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 
U.S.-Iran Diplomacy Helps Drive Gasoline Prices Down 15% From May Highs 
Dollar Holds Firm as U.S.-Iran Talks Ease Tensions, GBP/USD Slips Amid UK Political Uncertainty 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
US Dollar Hits One-Year High as Hawkish Fed Outlook Overshadows Middle East Developments 
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Oil Prices Fall as Iran Peace Talks Progress, Hormuz Reopens, and U.S. SPR Hits 1983 Low 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
This week is a quite heavy with volatility risks, especially in terms of data and events as well.
What to watch for over the coming days:
- Central banks:
Several Fed policymakers are scheduled to speak this week. Fed governor Leal Brainard, Dallas Fed president Robert Kaplan, Minneapolis Fed president Neel Kashkari — all voting members of the monetary policy setting Federal Open market Committee — are slated to deliver remarks on Tuesday. Meanwhile, New York Fed president Bill Dudley and Philadelphia Fed president Patrick Harker, fellow voting members of the FOMC, are also scheduled to deliver remarks next week. Reserve Bank of Australia (RBA) will announce interest rate decision on Tuesday. Bank of Canada (BoC) will announce interest rate decision on Wednesday. European Central Bank (ECB) will announce interest rate decision on Thursday.
- Economic data:
Services PMI reports from around the world on Tuesday. Australia second quarter GDP on Wednesday. China forex Reserve on Thursday and trade balance on Friday. Eurozone second quarter GDP on Thursday. Japan second quarter GDP on Thursday. Canada unemployment report on Friday.
- U.S. debt ceiling:
On Tuesday, Congress returns from its August recess with only a few weeks to tackle the looming deadlock over the US debt ceiling. The president is expected to meet with Republican and Democratic leaders for tax talks.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
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