IMF Deputy Dan Katz Visits China as Key Economic Review Nears 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
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 Urged to Prioritize Economy Over Territorial Ambitions, Says Taiwan’s President Lai 
Lots of economic dockets scheduled for today and some with high volatility risks associated.
Data released so far –
- Australia: Westpac consumer confidence declined by 3 percent in July.
- Japan: industrial production declined by 2.6 percent in May, down -0.4 percent from a year back.
Upcoming:
- France: CPI inflation for June will be released at 6:45 GMT.
- China: Trade balance for June will be released at 7:00 GMT.
- Spain: HICP inflation for June will be published at 7:00 GMT.
- Italy: Consumer price inflation for June will be released at 8:00 GMT.
- United Kingdom: Bank of England’s quarterly credit conditions report is due at 8:30 GMT.
- Eurozone: Industrial production for May will be released at 9:00 GMT.
- United States: MBA mortgage applications will be released at 11:00 GMT, followed by terms of trade at 12:30 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed will release Beige book at 18:00 GMT.
- Canada: BOC will announce monetary policy decision at 14:00 GMT.
- New Zealand: Business PMI for June will be released at 22:30 GMT.
- Auction: US will auction 30 year note at 17:00 GMT.
