China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
In terms of volatility risks, this week is relatively quiet, still, there are several events one needs to keep a tab on.
What to watch for over the coming days:
- Central Banks:
Bank of Canada (BoC) will announce the rate decision on Wednesday.
- Economic data:
China CPI inflation report will be released on Tuesday and trade balance on Friday. U.S. PPI inflation on Wednesday and CPI inflation on Thursday.
- Geopolitics:
President Trump will be traveling to Europe for a NATO summit on July 11-12th. After the NATO summit, President Trump will be visiting the UK on a four-day trip. He will also be meeting g with the queen during his trip.
Before his travel, President Trump is expected to announce his pick for the U.S. Supreme Court to replace Justice Kennedy, who just announced retirement.
Along with the above fundamentals, unscheduled Brexit commentaries, happenings in the Middle East, Italy, and the Korean peninsula are likely to keep influencing the market.
