Oil Prices Rise as Ukraine Targets Russian Energy Infrastructure 
IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
As usual not many economic dockets scheduled for Monday and all with low to medium risks associated.
Data released so far –
- Australia – Investment lending for homes grew 3.9 percent in May while home loans are down by 1 percent.
Upcoming:
- Japan: Flash reading on Machine Tools Orders for June will be released at 6:00 GMT. Corporate goods price index will be released at 23:50 GMT.
- Italy: Industrial Output for May will be released at 8:00 GMT.
- Greece: Industrial production for May will be released at 9:00 GMT.
- Portugal: Global trade balance for May likely to be released today.
- Eurozone: Euro group is scheduled to meet today.
- United States: Labor market condition index will be published at 14:00 GMT.
- United Kingdom: BRC retail sales report for June will be published at 23:00 GMT.
- Auction: US will auction 3 month and 6 month bills at 15:30 GMT and 3 year note at 17:00 GMT.
