RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
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.
