Australian Trade Balance for April: +10,495mn (expected +9000mn, prior +9,314mn)

Gold will recover to US$5,200 an ounce over the next 12 months as the Fed moves toward rate cuts and the dollar weakens, UBS says, calling the current pullback a buying opportunity.

DJT hits new lows, down 50% YTD. The Trump premium fades as valuation concerns mount.

Tokyo core-core CPI rose to 1.9% in June as energy-driven inflation began spreading to food and other goods, keeping a July BOJ hike firmly in view. Tokyo's inflation is no longer just an energy story

PBOC sets USD/ CNY reference rate for today at 6.8166 (vs. estimate at 6.8015). PBOC injects 231.5bn yuan through 7-day reverse repos at an unchanged rate of 1.4%.

Slate's $24,950 EV truck debuts, but hand-crank windows raise valuation questions. Will it sell?

Iraq OPEC exit threat puts $50 oil in play as Gulf cartel frays

Reserve Bank of Australia (RBA) Governor Michele Bullock will be speaking over the weekend. Bullock will be at an event in Switzerland.