Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
RBA Set for September Rate Hike as Inflation Stays High 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
Central Banks Could Buy 20,000 Tonnes of Gold: BofA 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
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Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- Switzerland: December trade balance report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 9:00 GMT.
- Eurozone: December trade balance report will be released at 9:00 GMT, followed by the ZEW economic sentiment report at 10:00 GMT. ECB’s chief economist Peter Praet is set for a speech at 15:00 GMT.
- United Kingdom: ILO unemployment report will be published at 9:30 GMT.
- Germany: ZEW sentiment survey report will be released at 10:00 GMT.
- United States: NAHB house price report will be published at 15:00 GMT.
- Auction: the U.S. will auction 3-month and 6-month bills at 16:30 GMT.
