* In his speech after keeping the interest rate at -0.10% level, Bank of Japan (BOE) Governor Ueda stated that there are both positive and negative effects caused by the weak Yen, the rate of decrease in prices is a little slow, and there is a lot of time to reach the 2% target. He said that they expect the global economy to recover from next year once inflation is under control.

*As expected, the Consumer Price Index (CPI) for the month of May in the Euro Zone, which was announced today, did not change at the level of 0.0%, but decreased to 6.1% from 7.0% annually. Core CPI also came in as expected, increasing 0.2% and 5.3%, respectively. European Central Bank (ECB) Member Holzman also said in his speech that if inflation continues, more measures will be required regarding interest rates.

*Richmond Fed Chairman Barkin said he would be comfortable doing more in interest rates if future data didn’t confirm inflation fell to the target level of 2%, that higher rates could risk a more pronounced slowdown, while high-income consumers continue to spend and the labor market remains strong. He said how to deal with inflation is a problem.

*FOMC member Waller was one of the first to make a statement after the FED meeting, stating that core inflation did not fall as he expected and gave the first messages that further tightening could be made. We have already seen this in the dot plot indicator, so this has not had an impact on the dollar index at the moment.

*Michigan Consumer Confidence Index rose compared to June’s leading data and was announced as 63.9(Previous: 59.2).

Agenda of the day;
20:00 (GMT +3) Number of US Oil Drilling Rigs