Asian Stocks Slide as Chip Selloff and High Bond Yields Hit Markets 
Gold Prices Slide as Treasury Yields Surge, Fed Minutes in Focus 
UK Wage Growth Holds at 3.5% as Unemployment Rises 
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations 
Asian Currencies Rise as Dollar Hovers Near Multi-Month Lows 
Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape 
Switzerland Industrial Production Jumps 5.5% in Q2 2026 
European Stocks Edge Higher as Fed Rate Pause Bets Rise 
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks 
Oil Prices Rise as U.S.-Iran Tensions Grip Strait of Hormuz 
Colombia Earthquake Losses Estimated at $9.58 Billion as Reconstruction Challenge Mounts 
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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.
