ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
Wall Street Futures Rise Ahead of Trump-Xi Summit as Tech Stocks Lead Market Rally 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
Trump and Xi Temple of Heaven Visit Highlights Trade and Diplomacy Goals 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Lots of economic dockets scheduled for today and some with high risks associated.
Data released so far:
- Australia: Westpac leading index remained flat for August.
Upcoming:
- Japan: Bank of Japan (BoJ) will announce monetary policy sometime during Asian hours.
- Eurozone: ECB will hold non-monetary policy today at 7:00 GMT.
- United Kingdom: Public sector net borrowing data for August will be reported at 8:30 GMT. BoE will release quarterly bulletin at 11:00 GMT.
- United States: MBA mortgage applications data will be reported at 11:00 GMT, followed by FOMC interest rate decision at 18:00 GMT. EIA will announce monetary policy decision at 14:30 GMT.
- Switzerland: SNB will release third quarter economic bulletin at 13:00 GMT.
- Canada: Wholesale sales report will be published at 12:30 GMT, for the month of July.
- New Zealand: RBNZ will announce interest rate decision at 21:00 GMT.
