RBA Set for September Rate Hike as Inflation Stays High 
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 
Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
ECB May Stop Rate Hikes After December, Capital Economics Says 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: PPI inflation report will be released at 5:00 GMT.
- United Kingdom: CPI, PPI, RPI, and HPI inflation reports to be released at 9:30 GMT. CBI industrial trend survey report due at 11:00 GMT.
- United States: MBA mortgage applications report due at 11:00 GMT. EIA will release its weekly oil inventory report at 14:30 GMT. FOMC will announce the rate decision at 18:00 GMT.
- New Zealand: Q4 GDP due at 21:45 GMT. Growth rate expected to slow to 2.5 percent.
