RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
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.
