RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
U.S. Stock Futures Slide as Tech Rout Deepens on Amazon Capex Shock 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Not many economic dockets scheduled for today but some with very high risks of volatility associated. The focus is on interest rate decision from Bank of England (BoE).
Data released so far :
- Australia: Consumer inflation expectations rose to 3.7 percent in July, up from 3.5 percent in June. The Unemployment rate ticked up to 5.8 percent as participation rate rose by 0.01 percent to 64.9 percent. Part-time employment declined by 30,500, whereas full-time employment rose by 38,400. New motor vehicle sales for June rose by 3.1 percent.
Upcoming:
- Switzerland: Producer and import prices for June will be released at 7:15 GMT.
- United Kingdom: Bank of England (BoE) will announce monetary policy at 11:00 GMT.
- United States: Producer price index for June will be released at 12:30 GMT, along with weekly jobless claims report. EIA will release its weekly natural gas report at 14:30 GMT. Fed’s Lockhart is scheduled to speak at 15:15 GMT.
- Canada: New house price index is scheduled at 12:30 GMT.
