Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
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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