Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
International developments moved to the back seat this week, as the risks stemming from Greek debt crisis and China’s equity market eased off for now. However, renewed weakness in commodity sector and concerns over corporate profitability weighed on market sentiment.
The domestic data flow remained relatively upbeat. Initial jobless claims fell to a multi-decade low. Existing home sales rose by 3.2% in June to a new cycle high. New home sales disappointed, declining by 6.8% in June, however they were still up 18% relative to a year ago.
Next week should bring further evidence of a rebounding economy, with second quarter GDP reading expected to show a 2.5% gain. The upturn in economic data is likely to be recognized in the Fed’s July interest rate announcement, which we expect to set the stage for September rate liftoff.
