Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Lots of economic data releases and events scheduled today and some are with high risks associated.
Upcoming:
- Germany: GFK consumer confidence will be released at 6:00 GMT.
- Switzerland: UBS consumption indicator for August will be reported at 6:00 GMT. KOF leading indicator for September will be released at 7:00 GMT.
- France: Consumer confidence is due at 6:45 GMT.
- Italy: Consumer and business confidence for September will be released at 8:00 GMT, followed by wage inflation report for August at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by durable goods orders at 12:30 GMT. Fed’s Yellen is scheduled to testify before banking and financial services committee at 14:00 GMT. Fed’s Bullard is scheduled to speak at 14:10 GMT. Fed’s Evans is scheduled to speak at 17:30 GMT, Mester at 20:35 GMT, and George at 23:15 GMT. EIA will release crude oil inventory report at 14:30 GMT.
- Eurozone: ECB president Draghi is scheduled to speak at 13:30 GMT.
- Japan: Retail trade details will be released at 23:50 GMT.
