South Korea Stocks Tumble as AI-Fueled Rally Faces Profit-Taking Pressure 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Asian Stocks Surge as Oil Prices Fall and Strong US Dollar Weighs on Markets 
France Faces Long Road to Economic Rebalancing as Weak Demand and High Rates Weigh, Says Citi 
Japan Keeps Markets Guessing as Yen Nears 40-Year Low, Raising Intervention Risks 
Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline 
Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Home loans up 2.9 percent in July, while investment lending for homes down 3.9 percent.
- China: Trade balance came at 286.5 billion yuan with exports up 6.9 percent y/y and imports up 14.4 percent y/y in August.
Upcoming:
- Japan: Eco Watchers’ survey report will be published at 5:00 GMT.
- Switzerland: Unemployment report will be published at 5:45 GMT.
- Germany: July trade balance report will be published at 6:00 GMT.
- France: July industrial output report will be published at 6:45 GMT.
- Spain: Industrial output report will be published at 7:00 GMT.
- United Kingdom: Consumer inflation expectations, trade balance report, manufacturing and industrial production report, all will be published at 8:30 GMT. NIESR will release August GDP-estimate at 12:00 GMT.
- Greece: July industrial production report will be published at 9:00 GMT, long with August consumer price inflation numbers.
- Portugal: Global trade balance report will be published at 10:00 GMT.
- Canada: August unemployment report will be published at 12:30 GMT.
- United States: Whole sale inventories report will be released at 14:00 GMT, followed by consumer credit numbers at 19:00 GMT. FOMC member Harker will speak at 17:00 GMT.
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