BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
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Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- France: Consumer spending report for February will be released at 6:45 GMT.
- Italy: Industrial sales and orders report will be released at 9:00 GMT.
- United States: Wholesale inventories report for February will be released at 12:30 GMT, along with Goods trade balance for the month and followed by S&P/Case-Shiller house price report at 13:00 GMT. Consumer confidence for March will be reported at 14:00 GMT. Richmond Fed manufacturing index for February will be reported at 14:00 GMT. Fed’s George is scheduled to speak at 16:45 GMT, Yellen at 16:50 GMT, Kaplan at 17:00 GMT, and Powell at 20:30 GMT.
- Canada: BoC governor Poloz is scheduled to speak at 14:00 GMT.
- Japan: Retail trade report for February will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month and 12-month bills at 16:30 GMT and 5-year note at 18:00 GMT.
