US Economy Fueled by AI Investment Faces Rising Risks Ahead of Fed Meeting 
European Stocks Rise as AI Optimism Offsets U.S.-Iran Tensions 
Dollar Gains Slightly as U.S.-Iran Tensions Keep Forex Markets on Edge 
Gold Cracks Below $4,500 as Safe-Haven Shine Fades; Technical Breakdown Signals Sell-on-Rallies Toward $4,000 
AI-Driven Memory Chip Prices May Be Skewing U.S. Inflation Data, Fed Minutes Suggest 
New World Screwworm Found Near U.S. Border Raises Threat to Cattle Industry and Beef Prices 
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Global Bond Selloff Pressures Stocks as Rising Oil Prices Fuel Inflation Fears 
Canada and Germany Advance Major LNG Supply Partnership 
Detroit’s high property taxes are driving a housing affordability crisis – how can city leaders bring down costs? 
Macquarie Names Five Taiwan AI Stocks Set to Benefit From Data Center Growth in 2026 
Asian Markets Slide as New U.S. Strikes on Iran Spark Investor Caution 
Gold Prices Slip as Stronger Dollar and Iran Peace Talk Uncertainty Weigh on Market 
US retail sales not only surprised to upside, June was revised higher.
- Headline sales rose by 0.6% in July from June. The data was much better, given June sales were revised upwards from -0.1% to +0.2%.
- Core sales that excludes auto grew by 0.4%, little shy of 0.5% anticipated, however that should be more than compensated by June revision.
Consumers seem to be warming up to better economic prospects and job gains.
Dollar is up against most currencies, however it seems to have failed to reignite itself against the majors, namely Euro, Pound, Franc and Yen.
All of them are down just marginally post release, which pose doubts over the bull's conviction.
FXCM US Dollar index, has broken below its recent range of 12060-11980 to the downside and traded as low as 11946.
Today it has moved within range, however somewhat failed reaction to better retail sales pose doubts over its strength.
