China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
J.P. Morgan Sees Potential Vestas Guidance Upgrade Amid Strong Wind Energy Demand 
Bank Regulation Rollbacks in the U.S. and UK Could Increase Financial Risks, Study Warns 
Today’s space race could turn fatal if we don’t agree on new rules 
With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Gold Surges Above Key EMAs, Bulls Eye Resistance Amidst Bullish Momentum 
AI Memory Boom Sparks Global Chip Supply Crunch 
Goldman Sachs: US Dollar Likely to Stay Strong Despite Oil Price Retreat 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
How Donald Trump has changed the way diplomacy is done 
Over the weekend release of economic dockets from China, continued to pose weakness in broader economy and China's exports.
Key highlights -
- Exports registered their biggest drop in four months. Exports were down by -8.3% on yearly basis compared to median expectations of just 1.5% drop.
- Imports were down by -8.1% on yearly basis, broadly in line with expectations.
- As a result, trade surplus shrank to $43.03 billion in July from 53.25 billion in June.
Domestic indicators too providing evidence of continued sluggishness.
- Consumer price index came at +1.6% in July, much lower than target of 3%.
- Producer price index dropped by -5.4% on yearly basis, lowest in six years.
As of now People's Bank of China (PBOC) has roared more than actually bite. It has not participated aggressively in monetary policy easing, however some further easing is expected from PBOC.
With CPI, well below target and energy prices taking a second dive down this year, PBOC has ample room for easing this year.
Chinese stock market is up 4.77% today so far, thanks to intervention, currently trading at 3922.
