Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook 
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Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI declined to 53 in June.
- China: Caixin manufacturing PMI declined to 51 in June.
Upcoming:
- Spain: Markit manufacturing report will be released at 7:15 GMT.
- Switzerland: Real retail sales report will be released at 7:15 GMT, followed by SVME PMI report at 7:30 GMT.
- Italy: Markit manufacturing PMI report will be released at 7:45 GMT, followed by May unemployment report at 8:00 GMT.
- France: Markit manufacturing PMI report will be released at 7:50 GMT.
- Germany: Markit manufacturing PMI report will be released at 7:55 GMT.
- Eurozone: Markit manufacturing PMI report will be released at 8:00 GMT, followed by unemployment report and PPI inflation report at 9:00 GMT.
- United States: Markit manufacturing PMI report will be released at 13:45 GMT, followed by ISM manufacturing PMI report at 14:00 GMT, along with construction spending details.
- New Zealand: NZIER business confidence report will be released at 22:00 GMT.
- Auction: U.S. will auction 1-month, 3-month, and 6-month bills at 15:30 GMT.
