Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Not many economic dockets scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Wages grew by 0.5 percent in the second quarter, up 2.1 percent from a year ago. Westpac leading index grew 0.05 percent in June.
Upcoming:
- United Kingdom: Unemployment report will be released at 8:30 GMT.
- Switzerland: Zew survey expectations for August will be released at 9:00 GMT.
- United States: MBA mortgage applications will be reported at 11:00 GMT, followed by FOMC minutes at 18:00 GMT. EIA will release weekly crude oil report at 14:30 GMT. Fed’s Bullard is scheduled to speak at 17:00 GMT.
- Japan: Trade balance for July would be announced at 23:50 GMT.
