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βοΈ Semiconductor stocks just took a beating, sliding as much as 7.5% globally as traders grow nervous over China's rapidly advancing chip capabilities β and start questioning whether the AI infrastructure spending boom can actually keep pace.
π° BTC/USD slipped as much as 2.9% to $63,018, marking an 11-day low, as traders sit tight ahead of the Fed's rate decision β risk appetite clearly on hold.
π₯ Wildfires have forced France and Spain into action, with Madrid declaring emergency zones and Paris stepping in to cover relocation costs for evacuees β a reminder that climate volatility is increasingly a market variable too.
π Unilever just raised its full-year outlook after Q2 underlying sales climbed 5.8%, topping expectations on the back of surging Dove demand across the US and India.
π CALENDAR FOR TODAY - 28.07.2026
π―π΅ BOJ Core CPI y/y β 08:00 GMT+3 (prev 1.4%)
πͺπΈ Spanish Unemployment Rate β 10:00 GMT+3 (prev 10.8%, forecast 10.1%) β encouraging print expected as Spain's labor market shows signs of tightening despite the wildfire disruption hitting southern regions
πΊπΈ Goods Trade Balance β 15:30 GMT+3 (prev -105.9B)
πΊπΈ S&P/CS Composite-20 HPI y/y β 16:00 GMT+3 (prev 1.1%)
πΊπΈ CB Consumer Confidence β 17:00 GMT+3 (prev 91.2) β the headline print of the day, and it lands right before markets pivot full attention to tomorrow's Fed decision
πΊπΈ Richmond Manufacturing Index β 17:00 GMT+3 (prev 4)
π¦πΊ AUD CPI y/y β 04:30 GMT+3 (Wed) (prev 4.0%) β sets the tone ahead of Governor Bullock's policy remarks later in the week
π Consumer Confidence is the one to watch β a soft print here could add to today's risk-off tone already driven by the semiconductor selloff, while a beat may offer the dollar some support heading into the Fed meeting. Stay nimble π―
NEWS
28 Jul 2026
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Data sources: exchangerate.host (FX) and Stooq CSV (indices).