Fitch Upgrades Argentina to B- as Milei Reforms Strengthen Economy 
Iran-U.S. Peace Deal Near as Oil Prices Fall and Nuclear Disputes Persist 
China Export Growth Surges in April as Global Buyers Rush to Secure Supplies 
Yen Surges After Suspected Japan Currency Intervention 
U.S.-China Beef Trade Deal Hopes Rise Ahead of Trump-Xi Summit 
Dollar Weakens as Iran Peace Hopes Boost Risk Appetite and Yen Gains Strength 
China-Made Fireworks Power U.S. Independence Day Celebrations Amid Trade Truce 
Japan Tech Stocks Surge as AI Optimism Lifts SoftBank, Chipmakers 
European Stocks Edge Higher as Iran-U.S. Peace Talks Boost Market Sentiment 
Oil Prices Surge as U.S.-Iran Conflict Threatens Strait of Hormuz Supply Route 
Few economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: TD securities inflation is up 0.6 percent in January, up 2.1 percent from a year ago.
- Japan: Labor cash earnings up 0.1 percent from a year ago.
- China: Caixin services PMI marginally declined to 53.1 in January.
Upcoming:
- Germany: December Factory orders will be published at 7:00 GMT.
- Eurozone: Sentix investor confidence for February will be published at 9:30 GMT.
- United States: Labor market condition index will be published at 15:00 GMT. FOMC member Harker is scheduled to speak at 20:00 GMT and again at 21:30 GMT.
- Australia: AiG construction index will be published at 22:30 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT.
