BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence is up by 0.4 percent in July.
Upcoming:
- United Kingdom: Unemployment report will be released at 8:30 GMT. RICS house price balance report will be published at 23:00 GMT.
- Eurozone: May industrial production report will be published at 9:00 GMT.
- Portugal: CPI inflation report will be published in June.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Fed Chair Janet Yellen will testify before Congress beginning 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed will release the Beige book at 18:00 GMT.
- Canada: BoC will announce monetary policy decision at 14:00 GMT, followed by a press conference with the governor at 15:15 GMT.
- New Zealand: Food price index will be updated at 22:45 GMT.
- Auction: U.S. will auction 10-year note at 17:00 GMT.
