Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases 
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
South Korean Won Leads Asian FX Losses as Dollar Rises 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Germany: GFK consumer confidence number for February will be released at 7:00 GMT, followed by fourth quarter unemployment survey at 8:00 GMT and Bundesbank President Jens Weidman’s speech.
- Switzerland: December trade balance numbers will be published at 7:00 GMT.
- United Kingdom: BBA mortgage approvals numbers for December will be reported at 9:30 GMT, along with fourth quarter flash GDP, and followed by CBI industrial trend survey for January at 11:00 GMT.
- Italy: Retail sales data for November will be published at 10:00 GMT.
- United States: Weekly jobless claims report will be published at 13:30 GMT, along with goods trade balance. Chicago Fed will release national activity index at 14:45, same time as flash market PMI. New home sales data for December will be published at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT. Kansas Fed will release manufacturing activity report at 16:00 GMT.
- Japan: Tokyo CPI for January and National CPI data for December will be published at 23:30 GMT.
- Auction: US will auction 7-year bond at 18:00 GMT.
