Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Kevin Warsh Advances Toward Fed Chair Role Amid Political Tensions 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Japan: Bank of Japan (BoJ) kept monetary policy unchanged at today’s meeting. The press conference is scheduled at 4:30 GMT.
Upcoming:
- Switzerland: Trade balance report for the month of May will be released at 6:00 GMT.
- United Kingdom: Retail sales report due at 8:30 GMT. Bank of England (BoE) will announce monetary policy at 11:00 GMT. BoE governor Carney set for a speech at 20:00 GMT.
- United States: Q1 current account balance will be reported at 12:30 GMT, along with weekly jobless claims report. Philadelphia Fed will also release its manufacturing survey at 12:30 GMT. EIA will release its weekly natural gas inventory report at 14:30 GMT.
- Canada: ADP employment report will be released at 12:30 GMT.
- Japan: National inflation report due at 23:50 GMT.
- Auction: the U.S. will auction 1-month bills at 15:30 GMT.
