Canada Imposes 10% Tariff on Canned Vegetable Imports to Protect Domestic Industry 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
Japan Inflation Stays Below BOJ Target Despite Rate Hike and Rising Energy Cost Risks 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Asian Stocks Rally as Japan and South Korea Reach Record Highs on US-Iran Peace Deal 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
The financial market participants are cautious on today’s speech by Lael Brainard, a member of the Federal Reserve board of Governors. Some newswire and analysts go ahead in calling it this year’s most closely watched speech from a Federal Reserve Governor, other than Chair Janet Yellen’s. She is scheduled to speak at the Chicago Council on Global Affairs on the economic outlook and monetary policy at 13:15 ET or around 17:00 GMT. She is popularly known for her dovish remarks and caution towards interest rate increase.
Her speech was not formally scheduled until last Thursday, which has led to the speculation that she might change her usual tone as it would be Federal Reserve’s last chance to prepare the market for a rate hike next week at the FOMC meeting.
With so much speculation, it is best to prepare for some high volatility surrounding the speech.
