US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Not many economic dockets scheduled for today and all with low to medium risks associated.
Data released so far:
- Australia: TD securities inflation rises 0.6 percent in June, up 1.5 percent from a year back. Building permits declined -5.2 percent in May, down -9.1 percent from a year back. ANZ job advertisements up 0.5 percent in June.
Upcoming:
- Spain: Unemployment change for June will be released at 7:00 GMT. Prior -119.8K.
- United Kingdom: Construction PMI will be released at 8:30 GMT.
- Eurozone: Sentix investor confidence for July will be published at 8:30 GMT. Prior 9.9, expected 6.5. Producer price index for May will be released at 9:00 GMT.
- Canada: RBC manufacturing PMI will be released at 13:30 GMT, followed by Bank of Canada (BoC) business outlook survey.
- New Zealand: NZIER business confidence for the second quarter will be released at 22:00 GMT.
- Australia: AIG performance of services index will be announced at 23:30 GMT.
