South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election 
Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
Central Banks Eye Gold, Reduce Dollar Exposure as AI Adoption Accelerates: OMFIF Survey 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- G20: The much anticipated two-day G20 meeting begins today in Osaka Japan.
- Australia: Private sector credit growth slowed to 3.6 percent y/y in May.
Upcoming:
- Japan: Housing starts and construction orders report due at 5:00 GMT.
- Spain: Q1 GDP report due at 7:00 GMT, followed by retail sales report at 8:00 GMT.
- Germany: Import price inflation report due at 6:00 GMT.
- France: CPI inflation report due at 6:45 GMT.
- United Kingdom: Q1 GDP report will be published at 8:30 GMT.
- Italy: HICP inflation report will be released at 9:00 GMT, and PPI inflation 10:00 GMT.
- Eurozone: CPI inflation report due at 9:00 GMT.
- United States: Personal consumption and expenditure report due at 12:30 GMT, followed by Chicago PMI report at 14:00 GMT.
- Canada: April GDP report will be released at 12:30 GMT. Bank of Canada (BoC) will release its business outlook survey at 14:30 GMT.
