MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Eurozone: European Central Bank (ECB) will release the bank lending survey report at 8:00 GMT. July consumer confidence report due at 14:00 GMT.
- United Kingdom: Bank of England (BoE) will release minutes of the meeting at 8:30 GMT. CBI trend survey report due at 10:00 GMT. The next leader of the Conservative Party would be announced, who will be the UK’s next Prime Minister. Mr. Boris Johnson remains the favorite to win. BoE’s Haldane set for a speech at 12:15 GMT.
- United States: House price report due at 13:00 GMT, followed by existing home sales report at 14:00 GMT. Richmond Fed will release manufacturing report at 14:00 GMT.
- New Zealand: June trade balance numbers due at 22:45 GMT.
- Auction: the U.S. will auction 2-year note at 17:00 GMT.
