RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: CPI inflation rose to 1.9 percent in June and PPI inflation rose to 4.9 percent.
- Australia: National Australia Bank’s business confidence came at 15 in June and business confidence index came at 6.
Upcoming:
- Japan: Machine tools orders report for June will be released at 6:00 GMT.
- France: Industrial output for May will be released at 6:45 GMT.
- Italy: Industrial output report will be released at 8:00 GMT.
- United Kingdom: Industrial and manufacturing production report will be released at 8:30 GMT, along with trade balance data.
- Germany: Zew survey report will be released at 9:00 GMT.
- Eurozone: Zew survey report will be released at 9:00 GMT.
- United States: NFIB business optimism report will be released at 10:00 GMT, followed by JOLTS jobs report at 14:00 GMT.
- Japan: Domestic corporate goods price report will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month bonds at 15:30 GMT, and 3-year note at 17:00 GMT.
