BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
BSP Sees Philippine Inflation Easing, Keeps Policy Options Open 
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 
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Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- Japan: Eco watchers’ survey report for June will be released at 5:00 GMT.
- Switzerland: Unemployment report will be released at 5:45 GMT.
- Germany: Trade balance report will be released at 6:00 GMT.
- United Kingdom: MPC member Broadbent is set for a speech at 7:50 GMT. BRC retail sales report will be released at 23:00 GMT.
- Eurozone: Sentix investor confidence report will be released at 8:30 GMT.
- United States: FOMC member Kashkari is set for a speech at 13:10 GMT. Consumer credit report will be released at 19:00 GMT.
- New Zealand: Electronic card retail sales report will be released at 22:45 GMT.
- Auction: U.S. will auction 3-month and 6-month bonds at 15:30 GMT.
