Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- United Kingdom: Inflation report will be released at 8:30 GMT for the month of June.
- Eurozone: CPI inflation report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Building permits and housing starts report will be released at 12:30 GMT. Fed’s Powell will testify before Congress for the second day. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed will release the beige book at 18:00 GMT.
- Japan: Trade balance report will be released at 23:50 GMT.


ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
China Holds Loan Prime Rates Steady in January as Market Expectations Align 



