South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
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.
