Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Lots of economic dockets scheduled for today, however, only a few with high volatility risks associated.
Data released so far –
- China: MNI business sentiment indicator rose to 55.5 from 54.5
- Japan: Nikkei flash manufacturing PMI rose to 49 in July.
Upcoming:
- France: Markit manufacturing and services PMI will be released at 7:00 GMT.
- Germany: Markit manufacturing and services PMI will be released at 7:30 GMT.
- Italy: Industrial sales and orders will be published at 8:00 GMT. Retail sales for May will be released at 9:00 GMT, followed by trade balance at 10:00 GMT.
- Eurozone: Markit services and manufacturing PMI will be reported at 8:00 GMT.
- United Kingdom: Markit manufacturing and services PMI will be released at 8:30 GMT.
- Canada: Retail sales report for May will be released at 12:30 GMT, along with consumer price inflation for June.
- United States: Markit manufacturing PMI will be released at 13:45 GMT.
