Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Oil Prices Steady as U.S.-Iran Peace Talks Ease Strait of Hormuz Supply Fears 
Brazil to Phase Out Gasoline Subsidy First as Diesel Support Stays Longer 
Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
Dollar Rebounds as Euro, Pound Slip Ahead of Fed Minutes, Yen Near Intervention Zone 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Asian Markets Slip as AI Earnings Season Looms, Oil Prices Fall Ahead of Key Fed Signals 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Producer price index for July came at -1.7 percent from a year back. Consumer price index came at 1.8 percent in July on yearly basis.
- Australia: National Australia Bank’s business confidence declined to 4 from 6. National Australia Bank’s business conditions declined to 8 from 12.
Upcoming:
- China: FDI data might get released today.
- Switzerland: Unemployment rate for July will be announced at 5:45 GMT.
- Germany: Trade balance for June will be released at 6:00 GMT. Prior -0.4 percent y/y.
- Japan: Machine tools orders for July will be released at 6:00 GMT. Domestic corporate goods price inflation will be reported at 23:50 GMT.
- France: Budget for June will be announced at 6:45 GMT.
- United Kingdom: Industrial and manufacturing production for June along with the trade balance will be announced at 8:30 GMT. NIESR GDP estimate for 3 month to July will be released at 14:00 GMT.
- Greece: Industrial production for June will be reported at 9:00 GMT.
- United States: NFIB business optimism index to be reported at 10:00 GMT, followed by unit labor cost and non-farm productivity at 12:30 GMT and TIPP economic optimism at 14:00 GMT.
- Auction: United States will auction 1 month bill at 15:30 GMT and 3 year note at 17:00 GMT.
