Asian Stocks Rebound as Tech Shares Rally on Fed Rate Cut Hopes and Easing Iran Tensions 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend 
China Services PMI Beats Forecasts as Strong Demand Supports June Growth 
Mary Daly Says AI Uncertainty Clouds Fed Rate Outlook Despite Restrictive Policy 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Sizable numbers of economic data and events scheduled for this week but all with low to medium risks associated.
Data released so far:
- United Kingdom: BRC shop price index rose by 1 percent in December.
- Australia: Retail sales rose by 0.2 percent in November.
- China: Consumer price index rose by 2.1 percent y/y in December and producer price index rose by 5.5 percent y/y.
- Japan: Consumer confidence improved to 43.1 in December.
Upcoming:
- France: Industrial output data for November will be published at 7:45 GMT.
- United States: NFIB business optimism index for December will be announced at 11:00 GMT, followed by Redbook index at 13:55 GMT, and JOLTS jobs report at 15:00 GMT along with TIPP economic optimism.
- Canada: Housing starts figure will be released at 13:15 GMT, followed by building permits data at 13:30 GMT.
- Auctions: US will auction 1-month bills at 16:30 GMT and 3-year notes at 18:00 GMT.
