Gold

• Indian boxers secured a total of ten medals, including seven golds and three silvers, at the 23rd edition of the Commonwealth Games (CWG 2026). • Ankush Panghal and Sachin Siwach were the headline performers of the contingent, contributing to the team's overall success. • The victory highlights India's continued dominance in boxing, following strong domestic performances and previous appearances at the 2023 Asian Games.

• A July report from Goldman Sachs reveals that AI infrastructure investment is expanding beyond major hyperscalers to include neoclouds, sovereign projects, and broader enterprise adoption. • The report highlights key deals involving companies such as Meta and IREN, signaling a diversified growth pattern in AI computing capacity. • This shift is significant as it demonstrates that AI integration is moving into global markets and specialized sovereign investments rather than remaining concentrated among a few tech giants.

• Day eight of the Glasgow Commonwealth Games featured a mix of results for Australian athletes, including a gold medal win for Isaac Beacroft in race walking. • In a setback for the Australian team, cyclists Felicity Wilson-Haffenden and Sophie Edwards were disqualified, while Nina Kennedy narrowly missed out on pole vault gold. • The event highlights the competitive nature of the Games and the personal journeys of athletes, such as a triple Olympian utilizing sports psychology to pursue gold.

Newcastle-born Davies wins in GlasgowFollows earlier gold in 10,000m Rose Davies has roared to a landmark track triumph at the Commonwealth Games in Glasgow, becoming the first woman ever to complete the 5,000m and 10,000m double.The Newcastle-born 26-year-old dropped to her knees in joy after winning the shorter distance on Friday morning (AEST) at Scotstoun Stadium after a battle royal with her Australian teammate Jessica Hull. Continue reading...

• Asia-focused equity hedge funds are facing their largest monthly drawdown on record, according to a report from Goldman Sachs released on July 30. • The losses are primarily driven by a broad rout in AI-related stocks, which erased significant gains previously made from crowded bets in the sector. • This downturn highlights the volatility and risk associated with concentrated positions in high-growth technology and AI themes across Asian markets.

• Goldman Sachs has identified the South Korean won as the top foreign exchange bet in Asia for the next three months, driven by an AI-fueled boom in exports. • The bullish outlook for the won, Taiwan dollar, Chinese yuan, and Malaysian ringgit contrasts with a bearish stance on the Thai baht and Indonesian rupiah. • Regional pressures include falling gold prices and low interest rates in Thailand, as well as policy uncertainty in Indonesia and oil price sensitivity in the Philippines.

• Northern Star Resources (ASX:NST) experienced a climb in its share price, driven by overall strength within the gold sector. • The price increase is attributed to broader market sentiment and investor positioning rather than a specific change in the company's internal business performance. • This movement highlights how gold-sector stocks are currently reacting to macroeconomic trends and investor demand for precious metals.