Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
Oil Prices Surge as Iran Hormuz Restrictions Renew Supply Fears 
US Job Growth Seen Picking Up in July 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
U.S. housing starts expanded to the highest level in nearly 8 years to 1.21 million annualized units with positive revisions in June. This is on top of last week's strong retail sales as well as employment numbers.
The strength in these fundamentals bolsters the U.S. dollar which is about the last thing that emerging markets, in particular China, need right now. Overnight, China's Shenzhen A-shares collapsed by nearly 7 percent, its devaluation is the recognition that China has a serious growth problem.
"China growth problems are crushing commodities, which adds to the pressure on emerging currencies from Asia to Latin America and alas, even the U.S. energy sector is not immune", says Voya Global.
