Key Facts
Fed minutes point higher with a 9–3 July vote and dissenters pushing for an immediate quarter-point hike at the current 3.50–3.75% target range
ECB eyes a September move as chief economist Philip Lane warns euro-area inflation will hover near 3% for the rest of 2026, cementing hike bets for 10 September
Gold breaks higher again toward $4,608 an ounce as real yields stay attractive to bullion buyers and the dollar index barely moves
US housing data lands today with new home sales, the Case-Shiller home price index and consumer confidence all due before the cash equity open
