RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Lots of economic data releases and events scheduled today and some are with high risks associated.
Upcoming:
- Germany: GFK consumer confidence will be released at 6:00 GMT.
- Switzerland: UBS consumption indicator for August will be reported at 6:00 GMT. KOF leading indicator for September will be released at 7:00 GMT.
- France: Consumer confidence is due at 6:45 GMT.
- Italy: Consumer and business confidence for September will be released at 8:00 GMT, followed by wage inflation report for August at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by durable goods orders at 12:30 GMT. Fed’s Yellen is scheduled to testify before banking and financial services committee at 14:00 GMT. Fed’s Bullard is scheduled to speak at 14:10 GMT. Fed’s Evans is scheduled to speak at 17:30 GMT, Mester at 20:35 GMT, and George at 23:15 GMT. EIA will release crude oil inventory report at 14:30 GMT.
- Eurozone: ECB president Draghi is scheduled to speak at 13:30 GMT.
- Japan: Retail trade details will be released at 23:50 GMT.
