ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- Switzerland: Producer and import price inflation report will be released at 7:15 GMT.
- United States: New York empire state manufacturing report will be released at 12:30 GMT, along with retail sales report. Business inventories and NAHB housing market report will be released at 14:00 GMT. NAHB housing market report will be released at 14:00 GMT. FOMC member Bostic is set for a speech at 17:15 GMT.
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