Inflation: why prices look likely to stay high in the UK and Ireland, and what that means for mortgages 
Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Bank of England interest rate rise: why this could be the last increase for a while 
The Federal Reserve and the art of navigating a soft landing ... when economic data sends mixed signals 
Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it 
What central banks are doing to safeguard financial stability and why they must proceed with caution 
The yen plunges to 34-year low despite interest rate hike 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: GDP grew by 1.8 percent in Q2, up 6.7 percent from a year ago. Fixed asset investments up 6 percent from a year ago. Industrial production growth declined to 6 percent y/y in May from 6.8 percent in April. Retail sales grew by 9 percent y/y in June, up from 8.5 percent in May.
Upcoming:
- President Trump will be meeting President Putin in Helsinki today. Germany: Wholesale inflation report will be released at 6:00 GMT.
- Italy: Trade balance report for the month of May will be released at 8:00 GMT.
- Eurozone: Trade balance report will be released at 9:00 GMT.
- United States: Retail sales report will be released at 12:30 GMT, along with New York empire state manufacturing report. Business inventories report will be released at 14:00 GMT.
- New Zealand: CPI inflation report will be released at 22:45 GMT.
