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.


RBA Set for September Rate Hike as Inflation Stays High
Yen Sinks as BOJ Rate Hike Fails to Impress Markets
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



