RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
RBA Set for September Rate Hike as Inflation Stays High 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
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Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Germany: IFO survey report will be released at 8:00 GMT.
- United Kingdom: BBA mortgage report will be released at 8:30 GMT, along with Q1 GDP. BoE’s Carney is set for a speech at 13:20 GMT.
- Italy: Trade balance report will be released at 10:00 GMT.
- United States: Durable goods order report will be released at 12:30 GMT.
- United Kingdom: BoE governor Carney is set for a speech at 8:00 GMT. Retail sales report will be released at 8:30 GMT. Michigan consumer sentiment report will be released at 14:00 GMT. Fed’s Powell is set for a speech at 13:20 GMT, Kaplan at 15:45 GMT, Bostic at 15:45 GMT, and Evans at 15:45 GMT.
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