Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectation declined to 3.9 percent in July.
Upcoming:
- Germany: CPI inflation report will be released at 6:00 GMT.
- France: CPI inflation report will be released at 6:45 GMT.
- United Kingdom: BoE will release the credit condition survey report will be released at 8:30 GMT.
- Eurozone: Industrial production report will be released at 9:00 GMT.
- United States: FOMC member Kashkari is set for a speech at 12:30 GMT. Weekly jobless claims report will be released at 12:30 GMT, along with CPI inflation report. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC member Harker is set for a speech at 16:15 GMT. June budget statement will be released at 18:00 GMT.
- Canada: New house price report will be released at 12:30 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
- Auction: U.S. will auction 30-year bond at 17:00 GMT.
