Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Building permits jumped 10.9 percent in June, down 2.3 percent from a year ago.
- Japan: Consumer confidence improved to 43.8 in July.
Upcoming:
- Spain: Unemployment change report will be published at 7:00 GMT.
- Switzerland: Retail sales report for June will be published at 7:15 GMT, followed by July PMI report at 7:30 GMT.
- United Kingdom: Construction PMI report will be published at 8:30 GMT.
- Eurozone: MBA mortgage applications report will be published at 11:00 GMT, followed by ADP employment report at 12:15 GMT. ISM New York report will be published at 13:45 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC member Mester is scheduled to speak at 16:00 GMT and Williams at 19:30 GMT.
- Australia: AiG performance of services index will be updated at 23:30 GMT.
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