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Gold Price Hits Two-Month High as Investors Await US Inflation Data 
U.S. Stock Futures Flat Ahead of July CPI Data 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Dollar Steady as Markets Await U.S. Inflation Data 
Singapore Raises 2026 GDP Growth Forecast to 4.5%-5.5% as AI Boom Fuels Economy 
Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High 
Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets 
Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan 
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The South Korean won is expected to weaken further versus the Japanese yen amid escalating external uncertainties including the U.S.-China trade tensions and Turkish political turmoil, according to the latest research report from Scotiabank.
The KRW will continue running an increasingly tight correlation with the CNH, while remaining susceptible to the Fed’s monetary policy stance, ongoing US-China trade war and geopolitical situation on the Korean Peninsula.
Additionally, the Bank of Korea (BoK) is expected to policy rate on August 31 to protect the nation’s financial stability as some members of the central bank have stressed the need to adjust accommodation according to the minutes of the July 12 policy meeting.
"In the medium term, we believe it would boost risk appetite should US-China trade tensions ease, particularly if taking account of China’s pro-growth policies that could lead to a rebound in the nation’s official manufacturing PMI and 10-year sovereign bond yield," the report commented.
