Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Company gross operating profits grew 1.2 percent in August from a year back. ANZ job advertisement grew by 1.8 percent.
- Japan: Labor cash earnings grew 1.4 percent in July from a year back. Markit services PMI came at 49.6 in August.
- New Zealand: ANZ commodity prices grew 3.2 percent in August.
- China: Caixin China services PMI improved to 52.1 in August from 51.7 in the previous month.
Upcoming:
- Spain: Markit services PMI for August report will be published at 7:15 GMT.
- Italy: Markit services PMI for August report will be published at 7:45 GMT.
- France: Markit services PMI for August report will be published at 7:50 GMT.
- Germany: Markit services PMI for August report will be published at 7:55 GMT.
- Eurozone: Markit services PMI for August report will be published at 8:00 GMT. Sentix investor confidence will be announced at 8:30 GMT, followed by retail sales report for July at 9:00 GMT.
- United Kingdom: Markit services PMI for August report will be published at 8:30 GMT. BRC retail sales report will be published at 23:00 GMT
