Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Elon Musk’s Empire: SpaceX, Tesla, and xAI Merger Talks Spark Investor Debate 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
US retail sales not only surprised to upside, June was revised higher.
- Headline sales rose by 0.6% in July from June. The data was much better, given June sales were revised upwards from -0.1% to +0.2%.
- Core sales that excludes auto grew by 0.4%, little shy of 0.5% anticipated, however that should be more than compensated by June revision.
Consumers seem to be warming up to better economic prospects and job gains.
Dollar is up against most currencies, however it seems to have failed to reignite itself against the majors, namely Euro, Pound, Franc and Yen.
All of them are down just marginally post release, which pose doubts over the bull's conviction.
FXCM US Dollar index, has broken below its recent range of 12060-11980 to the downside and traded as low as 11946.
Today it has moved within range, however somewhat failed reaction to better retail sales pose doubts over its strength.
