RBA June meeting minutes state that, the decision

During Today’s Asian session, we highlight the release of the RBA’s June meeting minutes, which were indicative of the bank potentially remaining on pause, implying that the current interest rate levels may be sufficient in combating inflation. As such, following the release of the monetary policy meeting minutes, market analysts now expecting one more rate hike and the bank remaining on pause for the rest of the year.In Yesterday’s European session, we note the difference of opinions between ECB policymakers, as they speak in-front of the press with ECB’s Lane stating that the ECB is data driven and yet, the data will show whether or not the bank will hike in September, thus opening the door for a potential pause. On the other hand, ECB’s Schnabel has hinted that the bank should “err on the side of doing too much rather than too little”, re-affirming his position as a hawk, signaling his intentions to continue the ECB’s aggressive interest rate policy.In the European equities markets, we note the positive developments surrounding Airbus(#Airbus), with deals being made to sell 500 planes to India’s IndiGo Airline, worth approximately $50 billion. Furthermore, we also highlight the deal between Airbus (#Airbus) and Saudi Arabia, for a $6.7 billion deal to build military and civilian helicopter in collaboration with a local defense company. In the US Equities markets, where closed for a public holiday yesterday. However, we note the positive developments surrounding Intel (#INTC), who announced yesterday that they will be spending approximately €30 billion in order to build a chip manufacturing plant in Germany, whilst allegedly receiving €10 billion in subsidies. In addition, Intel (#INTC) has revealed plants to spend $25 billion in developing a chip manufacturing plant in Israel, highlighting the continued demand for chip manufacturing capabilities by numerous countries. Oil prices slipped today, after worries that China’s economic plans to boost activity appear to be insufficient to convince the markets.

在欧洲股市，我们注意到围绕Airbus（#Airbus）的积极发展，正在向印度IndiGo航空公司出售500架飞机，价值约500亿美元。此外，我们还强调了空中Airbus（#Airbus）与沙特阿拉伯之间的协议，即与当地一家国防公司合作建造军用和民用直升机的67亿美元协议

在美国股市，尽管昨天因公共假期休市，但我们注意到围绕Intel（#INTC）的积极发展，Intel昨天宣布，他们将花费约300亿欧元在德国建造一家芯片制造厂，同时据称获得了100亿欧元的补贴。此外， Intel（#INTC）透露，工厂将斥资250亿美元在以色列开发一家芯片制造厂，突显出许多国家对芯片制造能力的持续需求, 由于担心中国刺激经济活动的经济计划似乎不足以说服市场，油价今天下跌.

今日其他亮点:

在今天欧洲时段，我们注意到5月份德国生产商价格率, 4月份欧元区现有账户数据的发布.在美国时段, 我们将获得5月份美国建筑许可和房屋开工数据. 在货币方面, 我们注意到欧洲央行Enria，瑞典央行行长Thedeen, 欧洲央行 McCaul, 美联储副主席Barr ，最后欧洲央行副主席De Guindos将发言. 此外, 我们强调日本央行在明天亚洲时段发布的货币政策会议.