Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: House price index up 10.7 percent y/y in May.
- Australia: House price index down 3 percent q/q n Q1, down 7.4 percent from a year ago.
Upcoming:
- Eurozone: ECB President Draghi set for a speech at 8:00 GMT, member De Guindos at 8:30 GMT, and Lane at 14:00 GMT. April trade balance report coming due at 9:00 GMT, along with May CPI inflation report and ZEW economic survey report.
- Germany: ZEW Economic survey report will be released at 9:00 GMT.
- United States: Building permits and Housing starts reports due at 12:30 GMT.
- United Kingdom: BoE governor Carney’s speech due at 14:00 GMT.
- New Zealand: Q1 current account balance report to be released at 22:45 GMT. Global dairy auction s scheduled today.
- Japan: Trade balance report for the month of May will be published at 23:50 GMT.
- Auction: the U.S. will release 12-month bills at 15:30 GMT. The UK will auction 10-year bond today. Spain will auction 3-month and 9-month Letras today.