Gold Price Hits Two-Month High as Investors Await US Inflation Data 
Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
BOJ Seen Holding Rates at 1% While Keeping Inflation Risk Warning 
China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- United Kingdom: BRC shop price index declined 1.7 percent y/y in January.
- Japan: Nikkei manufacturing PMI declined marginally to 52.7 in January.
- China: NBS manufacturing PMI marginally declined to 51.3 in January and non-manufacturing came at 54.6
Upcoming:
- United Kingdom: Nationwide housing prices for January will be reported at 7:00 GMT.
- Japan: BoJ governor Kuroda is scheduled to speak at 7:15 GMT.
- Spain: Markit manufacturing PMI will be reported at 8:15 GMT.
- Switzerland: SVME PMI report will be published at 8:30 GMT.
- Italy: Markit manufacturing PMI report for January will be published at 8:45 GMT.
- France: Markit manufacturing PMI report will be published at 8:50 GMT.
- Germany: Markit manufacturing PMI report will be published at 8:50 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. Markit manufacturing PMI report for January will be published at 9:00 GMT. European commission released economic growth forecast report at 10:00 GMT.
- United Kingdom: Markit manufacturing PMI report will be published at 9:30 GMT.
- United States: MBA mortgage applications number will be reported at 12:00 GMT. ADP employment report will be published at 13:15 GMT, followed by Markit manufacturing PMI at 14:45 GMT and ISM manufacturing PMI at 15:00 GMT. EIA will release crude oil inventory report at 15:30 GMT. FOMC will announce interest rate decision at 19:00 GMT.
