ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Trade balance improves to 2.471 billion as exports increased by 9 percent and imports by 1 percent.
Upcoming:
- Germany: Factory orders report for May will be published at 6:00 GMT.
- Switzerland: Consumer price inflation report for June will be published at 7:15 GMT.
- United States: FOMC member Williams will be speaking at 7:45 GMT, Powell at 14:00 GMT, and Fischer at 23:30 GMT. MBA mortgage applications numbers will be released at 11:00 GMT, followed by challenger jobs report at 11:30 GMT and ADP employment numbers at 12:15 GMT. Trade balance report for May will be published at 12:30 GMT. Markit services PMI report will be published at 13:45 GMT, and ISM non-manufacturing PMI at 14:00 GMT. EIA will release crude oil inventory report at 14:30 GMT.
- Eurozone: ECB’s Praet is scheduled to speak at 10:00 GMT. ECB will release monetary policy minutes at 11:30 GMT.
- Canada: May trade numbers will be reported at 12:30 GMT, along with building permits for the same month.
