RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Not many economic dockets and events scheduled for today but some with very high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings rose by 1.3 percent in June from a year ago.
Upcoming:
- Japan: Coincident and leading economic index for June will be released at 5:00 GMT.
- Germany: Factory orders for June will be released at 6:00 GMT. Prior -0.2 percent y/y.
- France: Trade balance data for June along with budget will be released at 6:45 GMT.
- Spain: Industrial output details for June will be released at 7:00 GMT.
- Switzerland: FX reserve for July will be released at 7:00 GMT.
- United Kingdom: Halifax house prices data for July will be released at 7:30 GMT.
- Italy: Industrial output for June will be released at 8:00 GMT.
- United States: NFP report will be released at 12:30 GMT, along with trade balance.
- Canada: Trade balance for June will be released at 12:30 GMT, along with employment report and followed by IVEY PMI at 14:00 GMT.
