Gold Price Hits Two-Month High as Investors Await US Inflation Data 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Asian Stocks Mixed as RBA Holds Rates, Oil Risks Rise 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
Japan Executives Warn Weak Yen and Currency Volatility Threaten Economy 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
Fundamentals to watch out for this week
Compared to last week, this week is relatively quiet with few data that could rapidly increase volatility in the market.
What to watch for over the coming days:
- UK economic data:
Time has come to pay some extra attention as the first batch of key economic data from the post-referendum UK become available this week. There are inflation data on Tuesday, Employment data on Wednesday and retail sales data on Thursday. All these data are for the month of July.
- US economic data and Fed speakers:
Not many economic dockets but all with high volatility risks associated On Monday, there is house price index from the National Housing Board, consumer price inflation data on Tuesday, and FOMC minutes on Wednesday. Several Fed speakers are scheduled this week; Fed’s Lockhart on Tuesday, Bullard on Wednesday, and Williams on Thursday.
In addition to the above, unscheduled Brexit commentaries would keep weighing on the market.
