Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Private Credit Under Pressure: Is a Slow-Motion Crisis Unfolding? 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Not many economic dockets to be released today. All with low risks associated.
Data released so far
- China - MNI business sentiment indicator drops to 51.3 in August from 56 in July.
- Germany - Producer price index drops by -1.7% from a year ago, down -0.5% in August.
- Spain - Trade balance came at -€1.4 billion, compared to prior -€2.05 billion.
Upcoming
- Germany - German Bundesbank will release monthly reports at 10:00 GMT.
- Canada - Wholesale sales to be released at 12:30 GMT. Prior was growth of 1.3%. Bank of Canada (BOC) governor Poloz scheduled to speak at 18:45 GMT.
- US - Existing home sales to be released at 14:00 GMT for August. In July sales rose by 2%, today expected -1.3%. FED's Lockhart is scheduled to speak at 17:00 GMT.
- Auctions - US will auction 3 month and 6 month bills at 15:30 GMT.
