Japan data - Capex for Q2 +7.6% y/y (expected +6.2%)

A car crashed into the Russian consulate in Sydney this morning, local time. Appears to be an attack on the consulate. Admittedly a hare-brained one.

Asian markets will open soon to the big news that a US court ruled Trump's tariffs illegal. Note - the ruling will be fought in a higher court.

ICYMI - China data showed manufacturing sector contracted for a fifth straight month. The economy remains under pressure from weak demand, U.S. tariffs, a prolonged property slump, and rising local government debt

Australian S&P Global Manufacturing PMI (August) 53.0, its highest since September 2022 Australia’s manufacturing sector expansion further accelerated

New Zealand data - Building permits (July 2025) +5.4% m/m (prior -6.0%)

Bitcoin's $124k surge fuels luxury travel! Jets & cruises now accept crypto, but watch out for tax hits & volatility.

Markets at highs spark fear. Fund managers seek catalysts, not macro bets, for alpha. GE breakup yielded 400% returns.