RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: House price growth in May declined to 10.4 percent y/y.
- Australia: New motor vehicle sales grew 2.9 percent in May, up 4.9 percent from a year ago.
Upcoming:
- United Kingdom: Brexit negotiations officially begins today.
- Eurozone: Construction output report for April will be published at 9:00 GMT.
- United States: Fed’s William Dudley is scheduled to speak today at 12:00 GMT. Evans is scheduled to speak at 23:00 GMT.
- Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT. Spain will auction 10-year bond today.
