Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Lots of economic dockets scheduled for today and some with high risks associated.
Data released so far –
- China – MNI business sentiment rose to 54.5
- Japan – Nikkei manufacturing PMI marginally improved to 47.8
Upcoming –
- UK – Britons are voting in referendum over membership in the EU. Voting begins at 6:00 GMT and ends at 21:00 GMT.
- Japan – Leading economic index and coincident index will be released at 5:00 GMT.
- France – Business climate for June will be released at 6:45 GMT. Markit manufacturing and services PMI will be released at 7:00 GMT.
- Germany – Markit manufacturing and services PMI will be released at 7:30 GMT.
- Italy – Industrial sales and orders will be announced at 8:00 GMT. Prior -3.6 percent and 0.1 percent respectively. Trade balance for May will be announced at 9:00 GMT. Prior €3.6 billion.
- Eurozone – Markit services and manufacturing PMI will be announced at 8:00 GMT.
- United States – Chicago FED National activity index will be released 12:30 GMT. Prior 0.1. Weekly jobless claims report will be released at 12:30 GMT. Markit manufacturing PMI is scheduled to be published at 13:45 GMT. New home sales report for May will be published at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. Kansas FED manufacturing index will be announced at 15:00 GMT. Prior -11.
- Japan – Corporate service prices will be released at 23:50 GMT. Prior 0.2 percent.
