IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook 
Dollar Weakens Ahead of Expected Federal Reserve Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Europe Confronts Rising Competitive Pressure as China Accelerates Export-Led Growth 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut 
Lots of economic dockets and events are scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits grew by 11.7 percent in July, up 3.1 percent from a year back.
- Germany: Import price declined by 3.8 percent in July, up 0.1 percent on yearly basis.
Upcoming:
- Spain: Flash HICP inflation for August will be released today.
- Switzerland: KOF leading indicator will be released at 7:00 GMT, followed by employment report for the second quarter at 7:15 GMT.
- Italy: Retail sales report for the month of June is scheduled for release at 8:00 GMT.
- United Kingdom: Consumer credit, money supply, and mortgage approvals reports will be released at 8:30 GMT. GFK consumer confidence for August will be released at 14:00 GMT.
- Greece: producer price index for July will be announced at 9:00 GMT.
- Eurozone: Sentiment reports for the month of August will be reported at 9:00 GMT.
- Portugal: Business and consumer confidence will be announced today.
- Germany: HICP inflation report will be released at 12:00 GMT.
- Canada: Raw material price and industrial product price and current account for second quarter, all detail will be released at 12:30 GMT.
- United States: S&P 500/ Case-Shiller home prices will be released at 13:00 GMT.
- Japan: Flash Industrial production for July report will be released at 23:50 GMT.
- Auctions: Italy would auction 5-year and 10-year bond today. US will auction 1-month bill at 15:30 GMT.
