Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
BOJ Signals Possible Rate Hike as Middle East Tensions Fuel Inflation Concerns 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
Uruguay Central Bank Holds Interest Rate at 5.75% Amid Inflation and Oil Price Concerns 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Senegal Appoints Economist Ahmadou Al Aminou Lo as Prime Minister Amid IMF Debt Crisis 
BOK Seen Holding Interest Rates Steady as Inflation Risks Rise in South Korea 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
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.
