Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of Canada (BoC) will announce the rate decision on Wednesday.
- Economic data:
China CPI inflation report will be released on Tuesday and trade balance on Friday. U.S. PPI inflation on Wednesday and CPI inflation on Thursday.
- Geopolitics:
President Trump will be traveling to Europe for a NATO summit on July 11-12th. After the NATO summit, President Trump will be visiting the UK on a four-day trip. He will also be meeting g with the queen during his trip.
Before his travel, President Trump is expected to announce his pick for the U.S. Supreme Court to replace Justice Kennedy, who just announced retirement.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
