In terms of volatility risks, this week is light with the focus on U.S. economic data and rate decision by key central banks,
What to watch for over the coming days:
Central Banks:
- European Central Bank (ECB) set for a speech on Tuesday.
- Swiss National Bank (SNB) will release quarterly bulletin on Wednesday.
- Federal Reserve to announce rate decision on Wednesday.
- Bank of Japan (BoJ) will announce rate decision on early Thursday.
- Bank of England (BoE) will announce rate decision on Thursday.
Economic data:
- China house price report on Tuesday.
- German ZEW survey report on Tuesday.
- Eurozone CPI inflation report on Tuesday.
- UK inflation report due on Wednesday.
- Canada CPI inflation numbers on Wednesday, and retail sales report on Thursday.
Geopolitics:
- UK and China to hold bilateral talks on economic and financial affairs on Monday.
- UK Conservative Party members of Parliament to vote on candidate leaders on Wednesday; 32 votes will be needed for each candidate to progress in the competition.
- EU's bilateral treaty with Switzerland to be signed by Wednesday for Swiss stock exchanges to maintain access to the EU market.
- EU to hold a summit to discuss further integration within the EU.


Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 



