RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Japan: Markit services PMI rose to 51.4 in June.
- New Zealand: ANZ commodity price down 1 percent in June.
- Australia: May trade balance came at $0.83 billion, with exports rising 4 percent and imports rising by 3 percent. Retail sales rose by 0.4 percent in May.
- China: Caixin services PMI report will be released at 1:45 GMT.
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 released at 8:00 GMT.
- United Kingdom: Markit services PMI report will be released at 8:30 GMT.
- United States: U.S. is closed over Independence Day holiday.
