US Futures Fall as Fed Meeting, Oil Surge Rattle Markets 
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise 
Dollar Rises as Fed Hike Bets Weigh on Asian Currencies 
Treasury Buyback Fails to Cool Long-Term Yields 
Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal 
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build 
UK Businesses Urge Government to Cut Electricity Levies 
Oil Prices Surge as Houthi Attacks Deepen Hormuz Supply Fears 
Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers 
Asian Bank Stocks Slide as BofA Warning and Rising Yields Hit Sentiment 
UK Economy Grows 0.4% in July, Beating Forecasts 
US Treasury Yields Near 5% as Oil Fuels Inflation Fears 
EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
China Home Prices Fall Again as Property Slump Drags on Growth 
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Orders for key US-made capital goods excluding aircraft increased 3.3 percent last month, the most since July 2018.
It followed a 1.6 percent rise in May.
Core capital goods orders remained 3.2 percent below their pre-pandemic level.
Last month's orders were boosted by demand for machinery, fabricated metals, and primary metals.
Orders for appliances, components, and electrical equipment surged 1.2 percent, likely due to workers setting up home offices.
Core capital goods orders fell 2.3 percent on a year-on-year basis in June.
Shipments of core capital goods surged 3.4 percent last month, the biggest gain since November 2013, although it was 3 percent below the February level.
It rose 1.6 percent in May.
Orders for durable goods, meant to last three years, increased 7.3 percent in June after a 15.1 rebound percent in May.
It was driven by robust demand for motor vehicles, which surged 85.7 percent after increasing 28.8 percent in May.
However, new coronavirus cases are threatening the resurgence, forcing businesses in the South and West regions to either close businesses again or halt reopenings.
