Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Caixin services PMI declines to 52.2 in March.
Upcoming:
- Japan: Consumer confidence report will be released at 5:00 GMT.
- Germany: Factory orders report will be released at 6:00 GMT.
- Switzerland: Consumer price inflation for March will be reported at 7:15 GMT.
- Italy: Wage inflation report will be released at 9:00 GMT.
- Greece: January unemployment report will be released at 9:00 GMT.
- United States: Challenger jobs report is scheduled for release at 11:30 GMT, followed by weekly jobless claims at 12:30 GMT. EIA will release natural gas inventory report at 14:30 GMT. FOMC member Williams will speak at 13:30 GMT. President Trump will meet Chinese President Xi today in the White House.
- Eurozone: ECB president Draghi is scheduled to speak at 20:00 GMT.
- Australia: AiG performance of construction report will be published at 23:30 GMT
