Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Spain: unemployment change report for April will be published at 7:00 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. First quarter flash GDP numbers and producer price inflation numbers for March will be published at 9:00 GMT.
- Germany: Unemployment change report will be released at 7:55 GMT.
- United Kingdom: Construction PMI for April will be released at 8:30 GMT.
- United States: MBA mortgage application numbers will be published at 11:00 GMT, followed by the release of ADP employment report at 12:15 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI at 14:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT. FOMC will announce interest rate decision at 18:00 GMT.
- Auction: Germany will auction 10-year bond today.


Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
Japan Services Producer Prices Rise 3.2% in June, Supporting BOJ Rate Hike Expectations
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist
US Debt Tops $40 Trillion as Global Borrowing Costs Surge
BOJ Rate Hike Expectations Rise Ahead of September Meeting
Wall Street Gains as Treasury Yields Fall, Fed Minutes Signal Inflation Risks
US Treasury Doubles Long-Term Bond Buybacks as Yields Surge
Gold Holds Near Two-Month High as Treasury Yields Fall 



