Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: National Australia bank’s business confidence improves to 6 from 4 in August and conditions deteriorates to 7 from 8.
- China: Urban investment grew 6.1 percent y/y in August. Industrial production grew 6.3 percent y/y. Retail sales grew 10.6 percent in August from a year back.
Upcoming:
- Germany: Wholesale price index for August will be reported today. HICP inflation will be reported at 6:00 GMT.
- China: Money supply and loans statistics may get released today.
- Spain: HICP inflation data will be reported at 7:00 GMT.
- Switzerland: Producer and import prices for August will be reported at 7:15 GMT.
- Italy: Industrial production for July will be reported at 8:00 GMT.
- United Kingdom: August inflation statistics will be published from UK at 8:30 GMT.
- Eurozone: ECB president Mario Draghi is scheduled to speak at 9:00 GMT. Zew survey report on economic sentiment will be published at the same time, along with employment change report for the second quarter.
- United States: NFIB business optimism index for August will be released at 10:00 GMT, followed by Redbook index at 12:55 GMT and monthly budget statement at 18:00 GMT.
- Auction: United States will auction 1-month bills at 15:30 GMT and 10-year note at 17:00 GMT.
