Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- United Kingdom: Inflation report will be released at 8:30 GMT for the month of June.
- Eurozone: CPI inflation report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Building permits and housing starts report will be released at 12:30 GMT. Fed’s Powell will testify before Congress for the second day. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed will release the beige book at 18:00 GMT.
- Japan: Trade balance report will be released at 23:50 GMT.


RBNZ Cuts Interest Rates Again as Inflation Cools and Recovery Remains Fragile
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 



