Economic calendar in Asia Tuesday, August 5, 2025 - China services PMI

Fed's Daly comments - be careful of the narratives pundits are choosing

Economic calendar in Asia Tuesday, August 5, 2025 - China services PMI

Trump eyes data manipulation; bond markets price in 0.65% risk premium, potentially pushing rates higher.

Dollar index drops 0.38% on Fed rate cut bets & weak factory orders. Gold & silver rally on dollar weakness.

Copper futures plunge 25% on tariffs; silver, gold hit as traders panic-sell. Inventory glut looms.

Sugar prices rise on Pakistan demand, but Brazil & India output forecasts loom large. Traders eye global surplus.

S&P 500, Dow, Nasdaq rally 1.5-2% recovering Friday's losses. Russell 2000 up 2.1%. Year-to-date gains vary.