Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for July came at $2.41 billion. Exports grew by 3 percent and imports remained same. China’s trade balance for August came at $52.05 billion.
Upcoming:
- Japan: Eco watchers survey reports will be released at 5:00 GMT.
- China: FDI details for August will be reported at 5:30 GMT.
- France: Second quarter nonfarm payrolls report will be released at 5:30 GMT.
- Greece: Unemployment rate for June will be announced at 9:00 GMT.
- Eurozone: ECB will announce interest rate decision at 11:45 GMT, followed by press conference at 12:30 GMT.
- Canada: Building permits and new house price index data will be announced at 12:30 GMT.
- United States: Weekly jobless claims report will be announced at 12:30 GMT. EIA will weekly natural gas inventory report at 14:30 GMT and crude oil at 15:00 GMT.
- New Zealand: Electronic card sales for August will be reported at 22:45 GMT.
