Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says 
RBA Set for September Rate Hike as Inflation Stays High 
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
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Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Eurozone: European Central Bank (ECB) will release the bank lending survey report at 8:00 GMT. July consumer confidence report due at 14:00 GMT.
- United Kingdom: Bank of England (BoE) will release minutes of the meeting at 8:30 GMT. CBI trend survey report due at 10:00 GMT. The next leader of the Conservative Party would be announced, who will be the UK’s next Prime Minister. Mr. Boris Johnson remains the favorite to win. BoE’s Haldane set for a speech at 12:15 GMT.
- United States: House price report due at 13:00 GMT, followed by existing home sales report at 14:00 GMT. Richmond Fed will release manufacturing report at 14:00 GMT.
- New Zealand: June trade balance numbers due at 22:45 GMT.
- Auction: the U.S. will auction 2-year note at 17:00 GMT.
