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Today is all about FOMC, other release would hardly make difference.
Data released so far -
- Australia - Westpac leading index dropped -0.1% m/m in May.
Upcoming -
- Euro zone - European Central Bank (ECB) will hold non-monetary policy meeting at 7:00 GMT. ECB's decision on Greek ELA will be under traders' scanner. Euro zone construction output for April will be released at 9:00 GMT, along with Consumer price index for May.
- Italy - Trade balance for April would be released at 8:00 GMT.
- UK - Bank of England (BOE) will release monetary policy minutes at 8:30 GMT, along with unemployment stat. Crucial for pound. BOE will release quarterly bulletin at 23:00 GMT.
- Switzerland - Zew survey expectation for June will be released at 9:00 GMT.
- US - MBA mortgage application to be released at 11:00 GMT. EIA will declare crude stocks at 14:30 GMT. Market is expecting drawdown of 1.8 million barrels. FOMC will declare monetary policy at 18:00 GMT, followed by press conference at 18:30 GMT. Dollar's and treasury's fate would be decided on such
- New Zealand - First quarter GDP to be released at 22:45 GMT.
- Japan - japan will release investment stat at 23:50 GMT.
