Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- Japan: Nikkei flash PM down to 49.5 in June from 49.8 prior.
Upcoming:
- France: Flash PM reports due at 7:15 GMT.
- Germany: Flash PMI reports due at 7:30 GMT.
- Eurozone: Flash PMI reports due at 8:00 GMT.
- United Kingdom: Public sector net borrowing report will be published at 8:30 GMT, for the month of May.
- Canada: April retail sales report will be released at 12:30 GMT.
- United States: Flash PM reports will be released at 13:45 GMT, followed by existing home sales report at 14:00 GMT. Fed policymaker Lael Brainard’s speech at 16:00 GMT.
