Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: House price growth up 5 percent y/y in June.
Upcoming:
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by CPI inflation report at 9:00 GMT.
- United Kingdom: BoE governor Carnet is set for a speech at 8:00 GMT. ILO unemployment report will be released at 8:30 GMT. NIESR might release GDP estimate today.
- Canada: Manufacturing shipments report for the month of May will be released at 12:30 GMT.
- United States: Redbook index will be updated at 12:55 GMT. Industrial production report will be released at 13:15 GMT. Fed’s Powell is set to testify before Senate committee today; the hearing would begin at 14:00 GMT. NAHB housing market report will be released at 14:00 GMT. Treasury flow report will be released at 20:00 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT.


Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 



