ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: ANZ business confidence index declined to -38.1 in June from -32 in May. Activity outlook index declined to 8 percent from 8.5 percent.
Upcoming:
- Spain: HICP inflation report due at 7:00 GMT.
- Italy: Business and consumer confidence reports will be released at 8:00 GMT, followed by the trade balance report.
- Switzerland: ZEW economic survey report will be released at 8:00 GMT.
- Eurozone: Confidence reports will be released at 9:00 GMT.
- Germany: HICP inflation report due at 12:00 GMT.
- United States: Weekly jobless claims report due at 12:30 GMT, followed by pending home sales report at 14:00 GMT. Kansas Fed will release manufacturing report at 15:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- United Kingdom: GFK consumer confidence report due at 23:00 GMT.
- Japan: Tokyo inflation report due at 23:50 GMT, along with industrial production for the month of May.
- Auction: the U.S. will auction 1-month bills at 15:30 GMT, and 5-year note at 17:00 GMT.
