Greece’s Bad Loan Crisis Continues to Limit Credit Access Despite Economic Recovery 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
South Korean Stocks Tumble as AI Chip Selloff Hits Asian Markets 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
India Manufacturing PMI Slows in June as Demand Weakens Despite Lower Cost Pressures 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
This week is a filled with volatility risks, both in terms of data and events.
What to watch for over the coming days:
- Central Banks:
Federal Reserve will announce interest rate decision on Wednesday. Swiss National Bank (SNB) will announce interest rate decision on Thursday. European Central Bank (ECB) will announce the rate decision on Thursday. Bank of England (BoE) will announce the rate decision on Thursday.
- Economic data:
UK’s inflation report on Tuesday and unemployment report on Wednesday. U.S. producer price inflation report on Thursday. U.S. producer price inflation data on Tuesday, consumer price inflation numbers on Wednesday, and retail sales report on Thursday.
- Brexit:
European leaders will gather in Brussels on Friday to discuss progress on Brexit, grant their blessings for the second phase of talks on trade and future relations, and to debate the economic and monetary union. The meeting comes a week after Britain reached a historic deal on Brexit terms, enshrining special rights for 4m citizens and paying €40bn to €60bn in a divorce settlement that clears the way for trade talks next year.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Spain’s Catalonia, and Korean peninsula are likely to keep influencing the market.
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