RBA Set for September Rate Hike as Inflation Stays High 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
ECB May Stop Rate Hikes After December, Capital Economics Says 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Fed’s Williams Signals One More Rate Hike Before Year-End 
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Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Italy: Consumer and business confidence reports will be released at 8:00 GMT.
- Eurozone: ECB President Draghi is scheduled to speak today at 8:00 GMT.
- United Kingdom: BoE will release financial stability report at 9:30 GMT, which would follow a speech by Governor Carney at 10:00 GMT. CBI will industrial trade survey report at 10:00 GMT.
- United States: Redbook index report will be released at 12:55 GMT, followed by S&P-Case/Shiller home price report at 13:00 GMT and Richmond Fed manufacturing index at 14:00 GMT. FOMC member Harker is scheduled to speak at 15:15 GMT, Yellen at 17:00 GMT, and Kashkari at 21:30 GMT.
- Auctions: U.S. will auction 1-month bills at 15:30 GMT, and 5-year note 17:00 GMT.
