Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Germany: Import price inflation numbers for May will be published at 6:00 GMT.
- United Kingdom: Nationwide house price data for June will be released at 6:00 GMT.
- Switzerland: UBS consumption indicator for May will be reported at 6:00 GMT. Zew survey report for June will be published at 8:00 GMT.
- France: Consumer confidence report for June will be released at 6:45 GMT.
- Spain: Retail sales report for May will be released at 7:00 GMT.
- Eurozone: Private loans and money supply data for May will be released at 8:00 GMT. ECB President Draghi will be speaking at 13:30 GMT at ECB organized central bankers’ meet, along with BoE’s Carney, BoJ’s Kuroda, and BoC’s Poloz.
- Italy: Flash Consumer inflation numbers for June will be updated at 9:00 GMT.
- United States: MBA mortgage applications numbers will be updated at 11:00 GMT, followed by the release of wholesale inventories report for May, along with Goods trade balance for the same month. Pending home sales report will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:00 GMT.
- Japan: Retail trade report will be published at 23:50 GMT.


Denmark Central Bank Intervenes to Support Krone Peg Against Euro
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist
RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 



