Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Not many economic dockets scheduled for today and all with low to medium risks associated.
Data released so far:
- Australia: TD securities inflation rises 0.6 percent in June, up 1.5 percent from a year back. Building permits declined -5.2 percent in May, down -9.1 percent from a year back. ANZ job advertisements up 0.5 percent in June.
Upcoming:
- Spain: Unemployment change for June will be released at 7:00 GMT. Prior -119.8K.
- United Kingdom: Construction PMI will be released at 8:30 GMT.
- Eurozone: Sentix investor confidence for July will be published at 8:30 GMT. Prior 9.9, expected 6.5. Producer price index for May will be released at 9:00 GMT.
- Canada: RBC manufacturing PMI will be released at 13:30 GMT, followed by Bank of Canada (BoC) business outlook survey.
- New Zealand: NZIER business confidence for the second quarter will be released at 22:00 GMT.
- Australia: AIG performance of services index will be announced at 23:30 GMT.
