Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: National Australia Bank’s business confidence unchanged at 15 in August and business confidence declines 7 points to 5
Upcoming:
- France: Second quarter non-farm payrolls report will be published at 5:30 GMT.
- United Kingdom: Inflation reports including PPI, CPI, HPI, and RPI will be published at 8:30 GMT. JOLTS jobs report will be published at 14:00 GMT.
- United States: NFIB business confidence report will be published at 10:00 GMT.
- Portugal: Consumer and business confidence reports will be released at 10:00 GMT.
- Japan: Domestic corporate goods price reports will be published at 23:50 GMT.
- Auction: Spain will auction 6-month and 12-month bonds today.
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