Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Italy: Trade balance numbers for the month of May will be released at 8:00 GMT, followed by CPI inflation report at 9:00 GMT.
- United Kingdom: June unemployment report will be released at 8:30 GMT. BoE governor Carney’s speech due at 12:00 GMT.
- Germany: ZEW sentiment report to be released at 9:00 GMT.
- Eurozone: Trade balance report will be released at 9:00 GMT.
- United States: June retail sales report due at 12:30 GMT, along with terms of trade report. Industrial production report is due at 13:15 GMT. NAHB housing market report will be released at 14:00 GMT. Several FOMC speakers today - Bostic and Bowman at 12:15 GMT, Chair Powell at 17:00 GMT, and Evans at 19:30 GMT. Treasury will release flow report at 20:00 GMT.
- New Zealand: Global dairy auction is scheduled for today.