U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: National Australia bank’s business confidence improves to 6 from 4 in August and conditions deteriorates to 7 from 8.
- China: Urban investment grew 6.1 percent y/y in August. Industrial production grew 6.3 percent y/y. Retail sales grew 10.6 percent in August from a year back.
Upcoming:
- Germany: Wholesale price index for August will be reported today. HICP inflation will be reported at 6:00 GMT.
- China: Money supply and loans statistics may get released today.
- Spain: HICP inflation data will be reported at 7:00 GMT.
- Switzerland: Producer and import prices for August will be reported at 7:15 GMT.
- Italy: Industrial production for July will be reported at 8:00 GMT.
- United Kingdom: August inflation statistics will be published from UK at 8:30 GMT.
- Eurozone: ECB president Mario Draghi is scheduled to speak at 9:00 GMT. Zew survey report on economic sentiment will be published at the same time, along with employment change report for the second quarter.
- United States: NFIB business optimism index for August will be released at 10:00 GMT, followed by Redbook index at 12:55 GMT and monthly budget statement at 18:00 GMT.
- Auction: United States will auction 1-month bills at 15:30 GMT and 10-year note at 17:00 GMT.
