China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Not many economic dockets and events scheduled for today but some with very high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings rose by 1.3 percent in June from a year ago.
Upcoming:
- Japan: Coincident and leading economic index for June will be released at 5:00 GMT.
- Germany: Factory orders for June will be released at 6:00 GMT. Prior -0.2 percent y/y.
- France: Trade balance data for June along with budget will be released at 6:45 GMT.
- Spain: Industrial output details for June will be released at 7:00 GMT.
- Switzerland: FX reserve for July will be released at 7:00 GMT.
- United Kingdom: Halifax house prices data for July will be released at 7:30 GMT.
- Italy: Industrial output for June will be released at 8:00 GMT.
- United States: NFP report will be released at 12:30 GMT, along with trade balance.
- Canada: Trade balance for June will be released at 12:30 GMT, along with employment report and followed by IVEY PMI at 14:00 GMT.
