This week, market attention will focus on retail sales, industrial production, and earnings reports from major companies like Goldman Sachs, Bank of America, and Netflix. The Republican National Convention will officially nominate Trump as its candidate for the Presidential election. Gold fell towards $2,400 per ounce in Asian trading, while U.S. Futures suggest a positive opening on Wall Street. The major U.S. averages finished positively on Friday, with the Dow, Nasdaq, and S&P 500 all rising. Economic indicators like the Empire State Manufacturing Index will be released today.

In Asian markets, Japanese markets were closed, China’s Shanghai Composite ended slightly higher, while Hong Kong’s Hang Seng index tumbled. Australian markets rose to record highs. European shares are mostly trading lower, with the CAC 40, German DAX, and U.K. FTSE 100 indexes all declining. The Swiss Market Index is slightly up, while the Euro Stoxx 50 Index is down.

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