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Dollar Holds Near Two-Month High as Yen Approaches 160 
Gold Holds Near $4,275 as Rising Treasury Yields Fuel Fed Rate Hike Bets 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
South Korea Tax Windfall Could Top 50 Trillion Won on Chip Boom 
U.S. Treasury Yields Surge as 30-Year Hits 22-Year High 
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Germany’s 2026 Growth Outlook Strengthens on Fiscal Spending 
China Consumer Stocks Near Decade Lows as AI Shares Surge 
Trump to Ease U.S. Fuel-Economy Standards 
Asian Stocks Fall as Surging Bond Yields Rattle Markets 
Wall Street Ends Flat as Oil, Treasury Yields and Fed Jitters Rattle Markets 
Europe’s AI Data Centre Boom Strengthens Case for Nuclear Power 
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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.
