Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape 
Gold Holds Above $4,500 as Dollar Weakens 
Switzerland Industrial Production Jumps 5.5% in Q2 2026 
Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks 
US Treasury Doubles Long-Term Bond Buybacks as Yields Surge 
Japan Trade Deficit Widens as Imports Surge on Energy and AI Demand 
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 
Gold Tops $4,500 as Dollar Slides After Treasury Bond Move 
Gold Holds Near Two-Month High as Treasury Yields Fall 
Asian Stocks Rise as Korea Tech Shares Rebound 
Oil Prices Ease as US-Iran Tensions Keep Brent on Track for Weekly Gain 
India PMI Rises as Services Offset Manufacturing Slowdown 
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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 0.9 percent y/y in August. Leading economic index improves to 106.9 in August, Coincident index improves to 117.6
Upcoming:
- Germany: August Factory orders report will be released at 6:00 GMT.
- France: August budget report and trade balance report will be released at 6:45 GMT.
- Spain: August Industrial output report will be released at 7:00 GMT.
- Switzerland: SNB forex reserve details will be released at 7:00 GMT.
- United Kingdom: Halifax house price report will be released at 7:30 GMT.
- Italy: August retail sales report will be published at 8:00 GMT.
- United States: NFP report will be released at 12:30 GMT. Fed’s William Dudley will speak at 16:15 GMT. FOMC member Robert Kaplan will speak at 16:45 GMT and Bullard at 17:00 GMT. August consumer credit report will be released at 19:00 GMT.
- Canada: Unemployment report will be published at 12:30 GMT, followed by September IVEY PMI report at 14:00 GMT.
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