Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI marginally declines to 52.4 in March.
- Australia: TD securities inflation is up 2.2 percent y/y in March. Building permits down 4.9 percent y/y in February. Retail sales declined 0.1 percent in February.
Upcoming:
- Japan: Vehicle sales will be reported at 5:00 GMT.
- Spain: Markit manufacturing PMI and unemployment change for March will be reported at 7:00 GMT.
- Switzerland: February real retail sales report will be released at 7:15 GMT, followed by SVME PMI at 7:30 GMT.
- Italy: Markit manufacturing PMI report for March will be released at 7:45 GMT, followed by unemployment report at 8:00 GMT and wage inflation report at 9:00 GMT.
- France: Markit manufacturing PMI report for March will be released at 7:50 GMT.
- Germany: Markit manufacturing PMI report for March will be released at 7:55 GMT.
- Greece: Markit manufacturing PMI report for March will be released at 8:00 GMT.
- Eurozone: Markit manufacturing PMI report for March will be released at 8:00 GMT, followed by unemployment report for February and producer price inflation at 10:00 GMT.
- Canada: RBC manufacturing PMI report will be released at 13:30 GMT.
- United States: Markit manufacturing PMI report will be released at 13:45 GMT, followed by ISM manufacturing PMI and construction spending at 14:00 GMT. Fed’s Dudley is scheduled to speak at 14:30 GMT, Harker at 19:00 GMT and Lacker at 21:00 GMT.
- New Zealand: NZIER will business confidence for the first quarter at 21:00 GMT.
- Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT.
