Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations for August came at 3.5 percent, down 0.2 percent from last month’s figure.
Upcoming:
- France: Consumer price index for July will be released at 6:45 GMT.
- Italy: Consumer price index for July will be released at 8:00 GMT, along with trade balance statistics for June.
- Portugal: CPI inflation for July will be released today.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with terms of trade for July. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: New house price index for June will be released at 12:30 GMT.
- United Kingdom: CB leading economic index will be published at 13:30 GMT.
- New Zealand: Business PMI will be released at 22:30 GMT, followed by retail sales at 22:45 GMT.
- Auction: United States will auction 30 year bond at 17:00 GMT. Germany will auction 10-year bond today.
