Fitch Cuts Global Growth Outlook for 2026 as Oil Shock From U.S.-Iran Conflict Weighs on Economy 
Gold Tumbles Below $4,400 on NFP Shock: Fed Easing Bets Crater, Sell on Rallies to $4,300 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
J.P. Morgan Sees Major Upside for Prysmian as Optical Fiber Prices Surge 
Not many economic dockets to be released today, focus on US GDP data.
Upcoming
- France - Consumer confidence for September to be released at 6:45 GMT. Prior reading 93 in August.
- Germany - Bundesbank president Jens Weidman is scheduled to speak at 7:00 GMT.
- Italy - Wage inflation for August to be released at 8:00 GMT.
- Euro Zone - M3 money supply and private loans for August to be released at 8:00 GMT.
- US - GDP data for second quarter to be released at 12:30 GMT, personal consumption expenditure prices. Preliminary reading on services and composite PMI to be released at 13:45 GMT, followed by Reuters Michigan consumer sentiment index at 14:00 GMT. FED's Bullard and George is scheduled to speak at 13:15 GMT and 17:25 GMT.
- Auctions - Italy will auction 10 year bond today.
