BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance dipped to 856 million in June as exports declined by 1 percent and imports are up by 2 percent.
- New Zealand: ANZ commodity price declined 0.8 percent in July.
- China: Caixin services PMI dips to 51.5 in July.
Upcoming:
- Spain: Markit services PMI report will be released at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Markit services PMI report will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Markit services PMI report will be published at 8:00 GMT, followed by retail sales report at 9:00 GMT.
- United Kingdom: Markit services PMI report will be published at 8:30 GMT. Bank of England (BoE) will announce interest rate decision at 11:00 GMT, followed by a speech from Governor Carney at 11:30 GMT.
- United States: Challenger jobs report will be published at 11:30 GMT, followed by the release of weekly jobless claims report at 12:30 GMT. Markit services PMI report will be published at 13:45 GMT and ISM non-manufacturing PMI report at 14:00 GMT, along with factory orders. EIA will release weekly natural gas inventory report at 14:30 GMT.
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