Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Lots of economic dockets and events are scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Australia: Private sector credit rose by 6 percent y/y in June.
- New Zealand: ANZ activity outlook improved to 33.7 percent in August.
Upcoming:
- Japan: Annualized housing starts data and construction orders will be announced at 5:00 GMT.
- Germany: Retail sales report for July will be released at 6:00 GMT.
- UK: Nationwide house prices for August will be released at 6:00 GMT.
- Switzerland: UBS consumption indicator for July will be reported at 6:00 GMT.
- France: Producer and consumer price index for July will be released at 6:45 GMT.
- Italy: Unemployment report along with wage inflation will be released at 8:00 GMT, followed by consumer price inflation at 9:00 GMT.
- Greece: Retail sales for June will be released at 9:00 GMT.
- Portugal: Second quarter GDP growth might get released today.
- Eurozone: Consumer price inflation and unemployment rate for the month of July will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by ADP employment report at 12:15 GMT, and pending home sales report at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT.
- New Zealand: Terms of trade index for second quarter will be reported at 22:45 GMT.
- Australia: AiG performance of manufacturing index will be reported at 23:30 GMT.
