RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
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.
