RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
This week is a quiet one, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
Reserve Bank of New Zealand (RBNZ) will announce interest rate decision on Wednesday.
- Economic data:
China consumer and producer price inflation reports on Tuesday. US producer price inflation report on Thursday and consumer price inflation numbers on Friday.
- US Earnings:
Second quarter earnings season continue this week with reports from last few S&P 500 companies, including big names like Macy’s, Kohl’s, Nordstrom, and JC Penny.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East and Korean peninsula are likely to keep influencing the market.
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