Quite a number of economic events lined up today but all with low to medium volatility risks associated.
Upcoming:
- Germany: Factory orders for May will be announced at 6:00 GMT.
- Spain: Industrial output for May will be announced at 7:00 GMT.
- United States: MBA mortgage applications will be announced at 11:00 GMT, followed by Trade balance for May. Fed’s Tarullo will be speaking at 13:00 GMT. Markit services PMI will be announced at 13:45 GMT, followed by ISM-non manufacturing PMI at 14:00 GMT. FOMC will release minutes of June meeting at 18:00 GMT.
- Canada: Trade balance for May will be announced at 12:30 GMT.
- Australia: AiG performance of construction index will be published at 23:30 GMT.
- Auctions: US will auction 1 month bills at 18:30 GMT.


Thailand Inflation Remains Negative for 10th Straight Month in January
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 



