Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Australia Bans Card Payment Surcharges Starting October 2025 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Japan: Tertiary industry report will be released at 4:30 GMT.
- Spain: HICP inflation report will be released at 8:00 GMT.
- Eurozone: January industrial production report will be released at 10:00 GMT.
- United States: MBA mortgage application report will be released at 11:00 GMT, followed by PPI inflation report and durable goods order at 12:30 GMT. EIA will release its weekly inventory report at 14:30 GMT.
- Auction: The U.S. will auction a 30-year bond at 17:00 GMT.
