1️⃣ Asian stocks were mixed as investors anticipated that the latest spikes in coronavirus cases would not stymie the global economic recovery.

1️⃣ Investors turned to safe-haven currencies (USD, JPY, CHF) as concerns about the spread of the highly contagious Delta Covid-19 variant continue to weigh on investor sentiment.

2️⃣ Meanwhile, NZD, AUD, and CAD pressured the most amid the risk-off sentiment.

1️⃣ WTI crude to fall below $72 a barrel amid worries that the OPEC deadlock may prompt producers to flood the market with petroleum. On Monday, OPEC+ talks to increase production by 400,000 bpd per month from August through December collapsed, with no new meeting scheduled.

2️⃣ Gold traded around $1,800 per ounce after FOMC minutes revealed that Fed officials are still divided on whether or not to cut their mortgage bond purchases.

1️⃣ FOMC Meeting Minutes for June (02:00 Malaysia Time) — No Prediction — No prediction from the central bank.

2️⃣ German Trade Balance for May (14:00 Malaysia Time) — Bullish Prediction — Should be boosted by further restrictions eased.