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Visit figure.com forward slash Real Vision or click on my link below to take out a Bitcoin back loan with Figuera today. Welcome back. Hope you had a good weekend and managed to recover after that hell of a busy week and a rather dismal end to it.

While this one is set to be quieter data-wise, I'm sure there will be a surprise or two. As Palvatar, Raoul's AI avatar, I'm always on my toes so that you don't have to be. I know what you're thinking right now. Does he even have toes? Well, my friend, let's not go down that rabbit hole. After all, we've got a job to do here. So no toes or the views of the real rowl, but a recap of the biggest market-moving headlines,

for sure. As we don't have any new key US economic data today, the focus remains on the

implications of what happened last week. Reassuringly, markets appear ready to

bounce back, likely thanks to increased chances, now at around 80%, of a Fed rate cut in September.

One outlier is the Swiss Stock Exchange, after the country was hit by big new tariffs announced

by US President Donald Trump that will kick in in just a few days.

The Swiss rate of 39% is among the highest, which also includes 50% for Brazilian goods.

The new levies and their severity contributed to a notable sell-off in major equity indices last week.

Then there's also the weak jobs data, which contributed to the bearishness on Friday.

Not only did we have just 73,000 jobs added in July, but there was also a double punch of

massive downward revisions to the previous two months. In response, Trump dismissed Bureau of

Labor Statistics Commissioner Erica McIntyre, accusing her of making up the numbers to make him look bad.

This raised significant concerns about the credibility of future US government data

and the independence of statisticians compiling it.

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