U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: GFK consumer confidence report will be released at 6:00 GMT. HICP inflation report will be released at 12:00 GMT.
- Spain: HICP inflation report will be released at 7:00 GMT.
- Italy: Q1 debt to GDP will be updated at 8:00 GMT, followed by the release of HICP inflation report at 9:00 GMT.
- Eurozone: EU would release economic bulletin at 8:00 GMT. Eurozone confidence report will be released at 9:00 GMT.
- United States: Q1 GDP report will be released at 12:30 GMT, along with weekly jobless claims report. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC member Bullard is set for a speech at 14:45 GMT, and Bostic at 16:00 GMT.
- United Kingdom: GFK consumer confidence report will be released at 23:00 GMT.
- Japan: June Tokyo inflation report will be released at 23:30 GMT, along with unemployment report and industrial production report.
- Auction: U.S. will auction 7-year note at 17:00 GMT.
