Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals 
BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
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.
