India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Lots of economic dockets scheduled for today and some with high volatility risks associated.
Data released so far –
- Australia: Westpac consumer confidence declined by 3 percent in July.
- Japan: industrial production declined by 2.6 percent in May, down -0.4 percent from a year back.
Upcoming:
- France: CPI inflation for June will be released at 6:45 GMT.
- China: Trade balance for June will be released at 7:00 GMT.
- Spain: HICP inflation for June will be published at 7:00 GMT.
- Italy: Consumer price inflation for June will be released at 8:00 GMT.
- United Kingdom: Bank of England’s quarterly credit conditions report is due at 8:30 GMT.
- Eurozone: Industrial production for May will be released at 9:00 GMT.
- United States: MBA mortgage applications will be released at 11:00 GMT, followed by terms of trade at 12:30 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release Beige book at 18:00 GMT.
- Canada: BOC will announce monetary policy decision at 14:00 GMT.
- New Zealand: Business PMI for June will be released at 22:30 GMT.
- Auction: US will auction 30 year note at 17:00 GMT.
