China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
BOJ Hawk Signals Faster Interest Rate Hikes Amid Inflation Risks 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May 
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Denmark Central Bank Intervenes to Support Krone Peg Against Euro 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Turkey Vehicle Sales Fall 11.4% in June as Auto Market Weakens 
South Korea Warns Won Is Undervalued, Boosts FX Coordination With Japan 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Consumer price inflation rose by 1.2 percent y/y in April. Producer price inflation is up 6.4 percent.
Upcoming:
- Japan: Coincident index and leading economic index will be updated at 5:00 GMT.
- France: Trade balance for March will be reported at 6:45 GMT, along with Industrial output data and current account balance.
- Italy: Italy will release March Industrial output report at 8:00 GMT.
- Greece: Industrial production report for March will be reported at 9:00 GMT, along with consumer price inflation report.
- Portugal: March trade balance report will be released at 10:00 GMT, along with first quarter unemployment report.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by terms of trade for April. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed’s Rosengren is scheduled to speak at 16:00 GMT. April budget details will be reported at 18:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 21:00 GMT.
- Japan: March trade balance report will be released at 23:50 GMT.
- Auction: U.S. will auction 10-year note at 17:00 GMT.
