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.


Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



