Lot of economic dockets scheduled for today, with medium risks associated.
Data released so far -
- Australia - National banks' business confidence dropped to 1 from 6 and business conditions rose to 11 from 6.
- China - Exports dropped by -5.5% y/y in August, while imports dropped -13.8% y/y. Trade balance came at $60.24 billion.
- Japan - Eco watchers survey current dropped to 49.3 in August and outlook dropped to 48.2.
- Germany - Trade balance came at € 22.8 billion in July, with exports rising 2.4% and imports by 2.2%
- Switzerland - Unemployment rate remained flat at 3.3% in August.
- France - Trade balance came at -€3.3 billion. Budget deficit for July rose to -€79.8 billion
- Euro Zone - Second quarter GDP grew by 0.4% in second quarter, up 1.5% from a year ago.
Upcoming -
- US - NFIB business confidence to be released at 10:00 GMT, followed by labor market condition index at 14:00 GMT and consumer credit change at 19:00 GMT>
- Auctions - US will auction 3 month and 6 month bills at 15:30 GMT and 3 year note at 17:00 GMT. UK will auction 30 year today.


U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding?
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns
Strait of Hormuz Disruption Sparks Global Oil Supply Fears
How will the Iran war change the Middle East? We asked 5 experts
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 



