China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Not many economic dockets and events are scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Construction work declined by 3.7 percent in the second quarter.
Upcoming:
- Japan: Leading economic index and coincident index will be released at 5:00 GMT.
- Germany: Second quarter GDP data will be released at 6:00 GMT. Prior 0.4 percent.
- United Kingdom: BBA mortgage approvals will be released at 8:30 GMT.
- United States: MBA mortgage applications will be released at 11:00 GMT. Housing price index for the month of June will be announced at 13:00 GMT. Existing home sales report for the month of July will be released at 14:00 GMT. EIA will release its weekly inventory report at 14:30 GMT.
- Japan: Corporate service prices will be released at 23:50 GMT.
- Auctions: United States will auction 5-year note at 17:00 GMT.
