ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Japan: Nikkei manufacturing PM declined to 49.3 in June.
- China: Caixin manufacturing PMI declined to 49.4 in June from 50.2.
Upcoming:
- Japan: Consumer confidence report due at 5:00 GMT.
- Switzerland: Real retail sales report will be published at 6:30 GMT.
- Spain: Markit manufacturing PMI report will be released at 7:15 GMT.
- Italy: Markit manufacturing PMI report will be released at 7:45 GMT, followed by unemployment report at 8:00 GMT, for the month of May.
- France: Markit manufacturing PMI report will be released at 7:50 GMT.
- Germany: Markit manufacturing PMI report will be released at 7:15 GMT, along with the June unemployment report.
- Eurozone: Markit manufacturing PMI report will be released at 8:00 GMT, along with money supply and private loan statistics.
- United Kingdom: Markit manufacturing PMI report will be released at 8:30 GMT.
- United States: Markit manufacturing PMI report will be released at 13:45 GMT, followed by ISM manufacturing PMI and construction spending report at 14:00 GMT.
- New Zealand: NZIER business confidence report will be published at 22:00 GMT.
- Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT.
