South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations declined to 3.6 percent in June from 4 percent last month. Employment rose by 42,000, largely driven by full-time employment. The unemployment rate declined to 5.5 percent.
Upcoming:
- France: Consumer price inflation report will be released at 6:45 GMT.
- Switzerland: Producer and import price inflation report will be released at 7:15 GMT. SNB will announce interest rate decision at 7:30 GMT.
- Italy: Consumer price inflation report will be released at 8:00 GMT.
- United Kingdom: Retail sales report for May will be reported at 8:30 GMT. BoE will announce interest rate decision at 11:00 GMT.
- Greece: First quarter unemployment numbers will be published at 9:00 GMT.
- Eurozone: April trade balance report will be released at 10:00 GMT.
- United States: New York Empire State manufacturing report will be published at 12:30 GMT, along with weekly jobless claims report, terms of trade for the month of May, and Philadelphia Fed manufacturing index. Industrial production numbers for May will be published at 13:15 GMT, followed by NAHB housing market report at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: Manufacturing shipments reports will be released at 12:30 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
