BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
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.
