BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: House price index up 10.7 percent y/y in May.
- Australia: House price index down 3 percent q/q n Q1, down 7.4 percent from a year ago.
Upcoming:
- Eurozone: ECB President Draghi set for a speech at 8:00 GMT, member De Guindos at 8:30 GMT, and Lane at 14:00 GMT. April trade balance report coming due at 9:00 GMT, along with May CPI inflation report and ZEW economic survey report.
- Germany: ZEW Economic survey report will be released at 9:00 GMT.
- United States: Building permits and Housing starts reports due at 12:30 GMT.
- United Kingdom: BoE governor Carney’s speech due at 14:00 GMT.
- New Zealand: Q1 current account balance report to be released at 22:45 GMT. Global dairy auction s scheduled today.
- Japan: Trade balance report for the month of May will be published at 23:50 GMT.
- Auction: the U.S. will release 12-month bills at 15:30 GMT. The UK will auction 10-year bond today. Spain will auction 3-month and 9-month Letras today.
