Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ business confidence improved to 24.8 in June. Activity outlook improved to 42.8 percent.
- Australia: HIA new home sales grew 1.1 percent m/m in April.
Upcoming:
- Germany: GFK consumer confidence report for July will be published at 6:00 GMT. Consumer price inflation numbers will be released at 12:00 GMT.
- Spain: Flash HICP inflation numbers will be released at 7:00 GMT.
- United Kingdom: Consumer credit details, Mortgage approvals, and M4 money supply numbers will be published at 8:30 GMT. GFK consumer confidence report for June will be released at 23:00 GMT.
- Portugal: Consumer and business confidence report will be released at 8:30 GMT.
- Eurozone: Consumer confidence, economic sentiment, industrial confidence, services sentiment, and business climate report for June will be updated at 9:00 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with first quarter GDP numbers. EIA will release weekly natural gas inventory report at 14:30 GMT. Fed’s Bullard is scheduled to speak at 17:00 GMT.
- New Zealand: Building permits report for May will be published at 22:45 GMT.
- Japan: Tokyo and national inflation numbers will be released at 23:30 GMT, followed by unemployment report and industrial production at 23:50 GMT.
