Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Not many economic dockets scheduled for today, risks associated are low.
Data released so far:
- Switzerland - Retail sales dropped by -0.9% in June from a year ago.
- Japan - preliminary reading shows Japan is back in recession in second quarter with growth sliding as much as -0.4% on quarterly basis.
- Euro zone - Euro zone trade balance for June came at €21.9 billion in June.
Upcoming:
- Germany - Bundesbank to release monthly report at 10:00 GMT.
- US - NY Empire state manufacturing index for August to be released at 12:30 GMT. NAHB housing market index to be released at 14:00 GMT. Treasury department will release data on Treasury international capital flows at 20:00 GMT.
- Canada - Portfolio investment statistics to be released at 12:30 GMT.
- Auction - US will auction 3 month and 6 month bills at 15:30 GMT.
