Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
Lots of economic dockets scheduled for today and all with low to medium risks associated.
Data released so far:
- Australia – HIA new home sales declined -4.4 percent in May.
Upcoming:
- Germany: GFK consumer confidence survey will be published at 6:00 GMT. Prior index value 9.8. HICP inflation for June will be released at 12:00 GMT.
- Switzerland – UBS consumption indicator for May will be released at 6:00 GMT. Prior 1.47.
- Spain – Flash HICP will be released at 7:00 GMT.
- Portugal – Business and consumer confidence will be announced today.
- Euro zone – Euro zone consumer confidence, services sentiment, economic sentiment, business climate and industrial confidence will be released at 9:00 GMT.
- United Kingdom: Nationwide housing prices report will be released at 6:00 GMT. Lending to individuals, consumer credit, mortgage approvals and money supply statistics will be announced at 8:30 GMT. GFK consumer confidence will be announced at 23:00 GMT.
- United States: Personal income and spending report will be announced at 12:30 GMT. Pending home sales report for may will be published at 14:00 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed is likely to release stress test results, done on banks.
- New Zealand – Building permits for May will be released at 22:45 GMT.
- Japan: Industrial production report for May will be released at 23:50 GMT.
- Auction: United States will auction 5 year and 7 year note at 17:00 GMT.
