Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence rose 2 percent in August. Home loans rose by 1.2 percent in June and investment lending for homes rose 3.2 percent.
Upcoming:
- Japan: Tertiary industry index for June will be released at 4:30 GMT.
- China: FDI data might get released today.
- France: Industrial output for June will be released at 6:45 GMT.
- Portugal: CPI inflation for July will be released today.
- United States: MBA mortgage application data will be released at 11:00 GMT, followed by JOLTS job report at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. Monthly budget statement will be released at 18:00 GMT.
- New Zealand: RBNZ will announce monetary policy decision at 21:00 GMT.
- United Kingdom: RICS House price balance will be released at 23:00 GMT.
- Auction: United States will auction 10 year note at 17:00 GMT.
