Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
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.
