Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
In terms of volatility risks, this week is heavy with the focus on central banks and geopolitics,
What to watch for over the coming days:
Central Banks:
- European Central Bank (ECB) will release a lending survey on Tuesday.
- Bank of England (BoE) will release minutes of the last monetary policy meeting on Tuesday.
- Reserve Bank of Australia (RBA) Governor Lowe’s speech on Thursday.
- European Central Bank (ECB) will announce the rate decision on Thursday.
Economic data:
- German flash PMI report on Tuesday, and IFO business climate report on Thursday.
- U.S. durable goods report on Thursday and flash second-quarter GDP report on Friday.
Geopolitics:
- The winner of the British Conservative Party leadership contest will be announced on Tuesday.
- Pakistani Prime Minister Imran Khan to visit the U.S.
- The focus will be on UK-Iran feud, as Iran captured two British oil tankers in the Straits of Hormuz, in response to the British capture of Iranian oil tankers.
