Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Australia: RBA reduced rates by 25 bps at today’s meeting.
Upcoming:
- Germany: Retail sales report for the month of May will be released at 6:00 GMT. Prior 4 percent y/y, expected 2.7 percent.
- United Kingdom: Nationwide house price report will be published at 6:00 GMT, followed by the construction PMI report at 8:30 GMT. BRC shop price report due at 23:00 GMT.
- France: Budget report for the month of May will be released at 6:45 GMT.
- Spain: June unemployment report due at 7:00 GMT.
- Eurozone: PPI inflation report will be released at 9:00 GMT.
- Australia: RBA Governor Lowe’s speech due at 9:30 GMT. AiG Performance of Services report to be published at 22:30 GMT.
- United States: FOMC member Williams’s speech due at 10:30 GMT. ISM New York report is due at 13:45 GMT. Vehicle sales report will be published at 19:30 GMT.
- New Zealand: Global dairy auction is scheduled for today.


RBA Minutes Signal Australia Central Bank Remains Ready to Raise Interest Rates if Inflation Persists
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence
Japan Signals Preference for Low Interest Rates as BOJ Policy Debate Intensifies
RBI Hits Pause as Geopolitical Storm Clouds Gather 



