Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Not many economic dockets and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence rose 2 percent in August. Home loans rose by 1.2 percent in June and investment lending for homes rose 3.2 percent.
Upcoming:
- Japan: Tertiary industry index for June will be released at 4:30 GMT.
- China: FDI data might get released today.
- France: Industrial output for June will be released at 6:45 GMT.
- Portugal: CPI inflation for July will be released today.
- United States: MBA mortgage application data will be released at 11:00 GMT, followed by JOLTS job report at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. Monthly budget statement will be released at 18:00 GMT.
- New Zealand: RBNZ will announce monetary policy decision at 21:00 GMT.
- United Kingdom: RICS House price balance will be released at 23:00 GMT.
- Auction: United States will auction 10 year note at 17:00 GMT.
