BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Spain: Q2 unemployment survey report will be released at 7:00 GMT.
- Germany: IFO business climate reports to be released at 8:00 GMT.
- Italy: non-EU trade balance numbers to be released at 8:00 GMT.
- United Kingdom: CBI trade survey report to be released at 10:00 GMT.
- Eurozone: European Central Bank (ECB) will announce interest rate decision at 11:45 GMT, followed by a press conference at 12:30 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with goods trade balance and durable goods order report. EIA will release weekly natural gas inventory report at 14:30 GMT. Kansas Fed will release its manufacturing activity report at 15:00 GMT.
- Japan: Tokyo inflation report to be released at 23:30 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT, and 7-year note at 17:00 GMT.
