As treasurer, Bill Hayden set Labor on the path to economic rationalism 
RBA's latest forecasts are grim. Here are 5 reasons why 
The Federal Reserve held off hiking interest rates 
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.
