Japan July Unemployment rate 2.3% (expected 2.5%, prior 2.5%)

Dow, S&P 500 futures dip 0.1% ahead of PCE data. Traders eye rate cut bets amid inflation & labor market signals.

Cambricon's revenue surges 4300% amid Nvidia's China chip sales ban; local rivals gain traction.

Bitcoin dips 0.7% as gold rallies 0.8%, hitting near-record highs. SOL outperforms crypto, up 3.1%. Traders eye Fed cuts.

Trump’s Fed pick Miran hearing to be Sept 4. The hurry is to get Miran on the FOMC prior to the meeting on Sept 16 & 17 to stack it with yes men who will follow Trump's rate cut orders.

Fed's Waller backs 25bps cut in Sept, citing labor risks. Expects more cuts if data weakens. Markets eye August jobs report.

Federal Reserve Governor Waller calls for a series of interest rate cuts, beginning in September. Waller's views are coloured by his desire to curry favour with Trump and be appointed next Fed Chair.

JP Morgan sees Bitcoin at $126k, citing low volatility (30%) & institutional demand. BTC trades near $111,950.