Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
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.
