Russia Stocks End Flat at Three-Year Low as MOEX Index Stalls, Gold Prices Climb 
Oil Prices Slip as OPEC+ Boosts August Output, Oversupply Concerns Weigh on Crude Market 
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Japan Signals Readiness to Act on Yen as Intervention Speculation Grows 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market.
What to watch for over the coming days:
- Chinese economic data:
As the month begins, lots of economic dockets from China likely to be released which would be gauged crucially to understand the state of the economy. Chinese trade data and forex reserve details have already been released that showed that weakness still persists. On Tuesday there are inflation data; money supply and loan statistics on Thursday; and retail sales, urban investments and data on Industrial production are scheduled for Friday.
- US economic data:
After last week’s blockbuster jobs report, the focus will be on other key economic releases. Labor market conditions index on Monday, non-farm productivity and unit labor cost on Tuesday, JOLTS jobs report on Wednesday, terms of trade on Thursday, and finally retail sales and producer price inflation on Friday.
- RBNZ interest rate decision:
Reserve Bank of New Zealand is set to announce policy decision on Wednesday. It is widely expected that RBNZ would go for a cut.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
