South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- OPEC's two-day meeting begins today.
- Switzerland: May trade balance report will be released at 6:00 GMT. SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Public sector net borrowing report will be released at 8:30 GMT.
- Germany: Bundesbank President Weidmann is set for a speech at 9:45 GMT.
- United Kingdom: CBI industrial survey report will be released at 10:00 GMT. Bank of England (BoE) will announce rate decision at 11:00 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with Philadelphia Fed manufacturing report. April house price report will be released at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. U.S. Fed will release bank stress test result today.
- Canada: ADP employment report will be released at 12:30 GMT, along with wholesale sales report.
- Eurozone: Consumer confidence report will be released at 14:00 GMT.
- Japan: CPI inflation report will be released at 23:30 GMT.
