Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Japan Inflation Rises, Boosting BOJ Rate Hike Bets 
U.S. Public Debt Tops $40 Trillion for First Time 
Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief 
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 
Australia Unemployment Rate Hits 4.5% as Jobs Fall in July 
Oil Prices Rise as Trump Threatens Tougher Iran Economic Measures 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
China Set to Hold Benchmark Lending Rates Steady for 15th Month 
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Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Spain: retail sales report will be released at 7:00 GMT.
- Switzerland: 1st quarter employment numbers will be released at 7:15 GMT.
- Eurozone: Money supply and private loans for April will be released at 8:00 GMT. ECB President Draghi is scheduled to speak at 13:00 GMT.
- Italy: Trade balance report will be published at 9:00 GMT.
- Japan: Unemployment report for April will be published at 23:30 GMT, followed by retail sales report at 23:50 GMT.
