Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Lots of economic dockets and events scheduled for today and all with low to medium risks associated.
Data released so far:
- China: Urban investments grew 8.1 percent in July down from 9 percent in June. Industrial production grew 6 percent in July. Retail; sales grew 10.2 percent in July.
Upcoming:
- Germany: HICP inflation for July will be released at 6:00 GMT, along with second quarter flash GDP.
- France: Nonfarm payrolls for second quarter will be released at 6:45 GMT.
- Spain: HICP inflation will be released at 7:00 GMT.
- Italy: Second quarter flash GDP will be released at 8:00 GMT.
- Greece: Second quarter flash GDP will be released at 9:00 GMT.
- Portugal: Second quarter flash GDP will be released today.
- Eurozone: Second quarter flash GDP will be released at 9:00 GMT.
- United States: Retail sales for July will be released at 12:30 GMT, along with producer price inflation. Michigan consumer sentiment index will be published at 14:00 GMT.
- United Kingdom: CB leading economic index will be published at 13:30 GMT.
- Auction: UK will auction 10-year bond today.
