Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence up 3.9 percent in July. Home loans up 1.1 percent in May and investment lending for homes down 0.1 percent.
Upcoming:
- Eurozone: ECB President Draghi is set for a speech at 7:00 GMT and member Praet at 7:30 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. PPI inflation report will be released at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC member Bostic is set for a speech at 16:30 GMT.
- Canada: Bank of Canada (BoC) will announce rate decision at 14:00 GMT.
- United Kingdom: BoE governor Carney is set for a speech at 15:35 GMT. RICS house price report will be released at 23:00 GMT.
- New Zealand: Food price report will be released at 22:45 GMT.
- Auction: U.S. will auction 10-year note at 17:00 GMT.
