BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
UK Budget Swings to Surprise £1.8 Billion Deficit in July 
Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
Japan Inflation Rises, Boosting BOJ Rate Hike Bets 
US Debt Tops $40 Trillion as Global Borrowing Costs Surge 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
India PMI Rises as Services Offset Manufacturing Slowdown 
South Korea Producer Prices Fall 0.4% in July 
Australia Unemployment Rate Hits 4.5% as Jobs Fall in July 
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Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- The 43rd G7 summit begins today in Italy.
- United States: Fed’s Bullard is scheduled to speak at 6:45 GMT. First quarter flash GDP numbers will be released at 12:30 GMT, along with durable goods orders and followed by Michigan consumer sentiment report at 14:00 GMT.
- Italy: Consumer and business confidence reports for May will be published at 8:00 GMT.
