ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings are up 0.7 percent from a year ago.
Upcoming:
- China: China might release FX reserve data today.
- Japan: Coincident and leading economic index reports will be released at 5:00 GMT.
- Switzerland: Unemployment report for June will be published at 5:45 GMT. FX reserve data will be released at 7:00 GMT.
- Germany: Industrial production report for the month of May will be published at 6:00 GMT.
- France: May trade balance report will be published at 6:45 GMT, along with industrial production for, budget details, and current account balance for the month.
- Spain: Industrial output report for May will be published at 7:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT, followed by industrial and manufacturing production report and May trade balance report at 8:30 GMT. NIESR will release the GDP estimate at 14:00 GMT.
- Global: G20 meeting begins today in Hamburg Germany.
- United States: NFP report will be published at 12:30 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Canada: Unemployment report June will be released at 12:30 GMT. IVEY PMI report will be published at 14:00 GMT.
