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Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
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Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
As usual not many economic dockets scheduled for Monday and all with low to medium risks associated.
Data released so far –
- Australia – Investment lending for homes grew 3.9 percent in May while home loans are down by 1 percent.
Upcoming:
- Japan: Flash reading on Machine Tools Orders for June will be released at 6:00 GMT. Corporate goods price index will be released at 23:50 GMT.
- Italy: Industrial Output for May will be released at 8:00 GMT.
- Greece: Industrial production for May will be released at 9:00 GMT.
- Portugal: Global trade balance for May likely to be released today.
- Eurozone: Euro group is scheduled to meet today.
- United States: Labor market condition index will be published at 14:00 GMT.
- United Kingdom: BRC retail sales report for June will be published at 23:00 GMT.
- Auction: US will auction 3 month and 6 month bills at 15:30 GMT and 3 year note at 17:00 GMT.
