Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence is up by 0.4 percent in July.
Upcoming:
- United Kingdom: Unemployment report will be released at 8:30 GMT. RICS house price balance report will be published at 23:00 GMT.
- Eurozone: May industrial production report will be published at 9:00 GMT.
- Portugal: CPI inflation report will be published in June.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Fed Chair Janet Yellen will testify before Congress beginning 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed will release the Beige book at 18:00 GMT.
- Canada: BoC will announce monetary policy decision at 14:00 GMT, followed by a press conference with the governor at 15:15 GMT.
- New Zealand: Food price index will be updated at 22:45 GMT.
- Auction: U.S. will auction 10-year note at 17:00 GMT.
