Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Trade balance for June came at $42.77 billion. Imports are up 17.2 percent, while exports are up by 11.3 percent.
Upcoming:
- Germany: HICP inflation report will be released at 6:00 GMT.
- France: HICP inflation report for June will be released at 6:45 GMT.
- Spain: HICP inflation for June will be released at 7:00 GMT.
- Switzerland: Producer and import price inflation report will be released at 7:15 GMT.
- United States: Producer price inflation report will be published at 12:30 GMT, along with weekly jobless claims report. Janet Yellen will testify before Congress for a second day beginning at 14:00 GMT. Fed’s Evans will be speaking at 15:30 GMT, and Brainard at 17:00 GMT
- Canada: House price report is scheduled for release at 12:30 GMT.
- New Zealand: June business PMI report will be published at 22:30 GMT.
- Auction: U.S. will auction 30-year bond at 17:00 GMT.
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