BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBA Set for September Rate Hike as Inflation Stays High 
Fed Unveils Stablecoin Rules Under GENIUS Act 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Add as a preferred source on Google
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: House price growth up 5 percent y/y in June.
Upcoming:
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by CPI inflation report at 9:00 GMT.
- United Kingdom: BoE governor Carnet is set for a speech at 8:00 GMT. ILO unemployment report will be released at 8:30 GMT. NIESR might release GDP estimate today.
- Canada: Manufacturing shipments report for the month of May will be released at 12:30 GMT.
- United States: Redbook index will be updated at 12:55 GMT. Industrial production report will be released at 13:15 GMT. Fed’s Powell is set to testify before Senate committee today; the hearing would begin at 14:00 GMT. NAHB housing market report will be released at 14:00 GMT. Treasury flow report will be released at 20:00 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT.
