Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
RBA Deputy Governor Says November Inflation Slowdown Helpful but Still Above Target 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI low at 49.6 in July, signaling continued weakness in the manufacturing sector amid trade tensions.
Upcoming:
- France: Flash PMI reports to be released at 7:15 GMT.
- Germany: Flash PMI reports to be released at 7:30 GMT.
- Eurozone: Flash PMI reports to be released at 8:00 GMT.
- United Kingdom: BBA mortgage approval report to be released at 8:30 GMT.
- United States: MBA mortgage applications report due at 11:00 GMT, followed by flash PMI report at 13:45 GMT. New home sales report to be published at 14:00 GMT. EIA will release weekly oil inventory report at 14:30 GMT.
- Japan: Corporate service price inflation report to be released at 23:50 GMT.
- Auction: the U.S. will auction 5-year note at 17:00 GMT.
