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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 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
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Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Not many economic dockets scheduled for today but some with very high risks of volatility associated. The focus is on interest rate decision from Bank of England (BoE).
Data released so far :
- Australia: Consumer inflation expectations rose to 3.7 percent in July, up from 3.5 percent in June. The Unemployment rate ticked up to 5.8 percent as participation rate rose by 0.01 percent to 64.9 percent. Part-time employment declined by 30,500, whereas full-time employment rose by 38,400. New motor vehicle sales for June rose by 3.1 percent.
Upcoming:
- Switzerland: Producer and import prices for June will be released at 7:15 GMT.
- United Kingdom: Bank of England (BoE) will announce monetary policy at 11:00 GMT.
- United States: Producer price index for June will be released at 12:30 GMT, along with weekly jobless claims report. EIA will release its weekly natural gas report at 14:30 GMT. Fed’s Lockhart is scheduled to speak at 15:15 GMT.
- Canada: New house price index is scheduled at 12:30 GMT.
