BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI improves to 53.3 in June.
- New Zealand: ANZ commodity price rose by 2.1 percent in June.
- China: Caixin services PMI declines to 51.6 in June.
Upcoming:
- Spain: Markit services PMI report will be released at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Markit services PMI report will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Markit services PMI report will be released at 8:00 GMT. ECB will hold its non-monetary policy meeting today. Retail sales report for May will be published at 10:00 GMT.
- United Kingdom: Markit services PMI report will be published at 8:30 GMT.
- United States: Factory orders report will be published at 14:00 GMT, along with TIPP economic optimism. FOMC will release minutes of meeting at 18:00 GMT.
