EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks 
China’s Power Market Revamp Fuels Global Boom in Energy Storage Batteries 
Global Demand for Yuan Loans and Bonds Surges as China Pushes Currency Internationalization 
German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025 
Russia Stocks End Flat as Energy Shares Support MOEX Index 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious 
Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike 
IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding 
Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks 
RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist 
Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand 
Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week 
Yen Stabilizes Near Lows as Japan Signals Readiness to Intervene Amid Dollar Weakness 
Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs 
Gold Prices Surge to Record Highs as Geopolitical Tensions Fuel Safe-Haven Demand 
Swiss GDP surged to 0.70% Q/Q in Q2, above the forecast of 0.60% from 0.50% Q1. The jump was mainly led by the pharma and chemical industries.
Switzerland's CPI declined to 1.1% y/y compared to a forecast of 1.2%. Prior 1.3%. Core inflation came at 1.1% y/y from the previous month's 1.1%.
The strong growth and easing inflation will increase the chance of further rate cuts by SNB.
Major resistance- 0.8640
Near-term resistance - 0.8540,0.8600
Minor support- 0.8474,0.8435.
Trend reversal level- 0.838.
