Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Australia: May building permits up 3.1 percent y/y in May. RBA kept interest rate unchanged at 150 bps at today’s meeting.
- Spain: Unemployment declined by 90,000 in June.
Upcoming:
- United Kingdom: Construction PMI data will be released at 8:30 GMT, along with the release of MPC minutes. BRC shop price report will be released at 23:00 GMT.
- Eurozone: PPI inflation and May retail sales report at 9:00 GMT.
- United States: ISM New York report will be released at 13:45 GMT and May factory orders report will be released at 14:00 GMT.
- Canada: Markit manufacturing PMI report will be released at 13:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Australia: AiG performance of services report will be released at 22:30 GMT.


Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



