RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
BOJ Governor Ueda Warns Oil Price Shock Could Trigger Persistent Inflation 
BOK Seen Holding Interest Rates Steady as Inflation Risks Rise in South Korea 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
ECB Signals Possible Rate Hike as Iran Conflict Fuels Inflation Concerns 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI low at 49.6 in July, signaling continued weakness in the manufacturing sector amid trade tensions.
Upcoming:
- France: Flash PMI reports to be released at 7:15 GMT.
- Germany: Flash PMI reports to be released at 7:30 GMT.
- Eurozone: Flash PMI reports to be released at 8:00 GMT.
- United Kingdom: BBA mortgage approval report to be released at 8:30 GMT.
- United States: MBA mortgage applications report due at 11:00 GMT, followed by flash PMI report at 13:45 GMT. New home sales report to be published at 14:00 GMT. EIA will release weekly oil inventory report at 14:30 GMT.
- Japan: Corporate service price inflation report to be released at 23:50 GMT.
- Auction: the U.S. will auction 5-year note at 17:00 GMT.
