Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI low at 49.6 in July, signaling continued weakness in the manufacturing sector amid trade tensions.
Upcoming:
- France: Flash PMI reports to be released at 7:15 GMT.
- Germany: Flash PMI reports to be released at 7:30 GMT.
- Eurozone: Flash PMI reports to be released at 8:00 GMT.
- United Kingdom: BBA mortgage approval report to be released at 8:30 GMT.
- United States: MBA mortgage applications report due at 11:00 GMT, followed by flash PMI report at 13:45 GMT. New home sales report to be published at 14:00 GMT. EIA will release weekly oil inventory report at 14:30 GMT.
- Japan: Corporate service price inflation report to be released at 23:50 GMT.
- Auction: the U.S. will auction 5-year note at 17:00 GMT.
