Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Retail sales grew by 0.6 percent in May. RBA kept interest rates unchanged at 1.5 percent.
Upcoming:
- Spain: June report for unemployment change will be released at 7:00 GMT.
- United Kingdom: Markit construction PMI report will be released at 8:30 GMT. BRC shop price inflation report for June will be published at 23:00 GMT.
- Eurozone: Producer price inflation report for May will be released at 9:00 GMT. ECB’s Praet is set to speak at 12:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Canada: Manufacturing PMI report for June will be published at 13:30 GMT.
- Australia: AiG performance of services report will be published at 23:30 GMT.
- Auctions: U.S. will auction 1-montrh, 3-month, and 6-month bills at 15:30 GMT. France and Spain will auction 10-year bond today.
