Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings are up 0.7 percent from a year ago.
Upcoming:
- China: China might release FX reserve data today.
- Japan: Coincident and leading economic index reports will be released at 5:00 GMT.
- Switzerland: Unemployment report for June will be published at 5:45 GMT. FX reserve data will be released at 7:00 GMT.
- Germany: Industrial production report for the month of May will be published at 6:00 GMT.
- France: May trade balance report will be published at 6:45 GMT, along with industrial production for, budget details, and current account balance for the month.
- Spain: Industrial output report for May will be published at 7:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT, followed by industrial and manufacturing production report and May trade balance report at 8:30 GMT. NIESR will release the GDP estimate at 14:00 GMT.
- Global: G20 meeting begins today in Hamburg Germany.
- United States: NFP report will be published at 12:30 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Canada: Unemployment report June will be released at 12:30 GMT. IVEY PMI report will be published at 14:00 GMT.
