Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
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.
