Goldman Sachs Flags 3 Key Risks Ahead of Europe’s Earnings Season 
AI can be a personal trainer in your pocket – but is it safe? 
Elon Musk is remaking the world, like Henry Ford before him – but more dangerously 
Trump has made more than $1 billion from crypto in a year. How? 
Smartphones are helping filmmakers tell the stories the movie industry overlooks 
USA at 250: the Black American struggle for life, liberty and the pursuit of happiness 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
JPMorgan Cuts Gold Price Forecast, Sees Bullion Reaching $4,500 by End of 2026 
Gold Surges Past $4150 on Dovish Fed Signals and Weak Jobs Data; Bullish Outlook Prevails 
Michael Burry Shorts Tesla at $416 as AI and Semiconductor Bearish Bets Expand 
Lot of economic dockets and events scheduled for today, some with high risks associated.
Data released so far -
- China - FX reserve dropped to $3.51 trillion.
- Japan - Preliminary reading shows Coincident index and leading economic index are both down marginally to 112.5 and 103.5 from prior 113.1 and 105 respectively. Bank of Japan (BOJ) kept monetary policies on hold. Press conference scheduled at 6:30 GMT.
- Germany - Industrial production dropped by -1.2% in August from July, up 2.3% y/y.
Upcoming -
- France - Trade balance for August to be released at 6:45 GMT.
- Switzerland - FX reserve to be released at 7:00 GMT.
- Spain - Industrial output for August to be released at 7:00 GMT.
- Euro zone - ECB will be holding its non-monetary policy meeting in Frankfurt around 7:00 GMT.
- UK - Industrial and manufacturing production for August to be released at 8:30 GMT, followed by NISER GDP estimate at 14:00 GMT and RICS house price balance at 23:00 GMT.
- US - MBA mortgage application to be released at 11:00 GMT, followed by consumer credit change at 19:00 GMT. EIA will release weekly crude oil report at 14:30 GMT.
- Canada - Building permits for August to be released at 12:30 GMT.
- Japan - Trade balance, Machinery orders and foreign investment statistics all to be released at 23:50 GMT.
- Auctions - German and US will auction 10 year bond today.
