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Bank of England interest rate rise: why this could be the last increase for a while 
Why central banks should stop raising interest rates 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Japan: Bank of Japan (BoJ) kept monetary policy unchanged at today’s meeting. The press conference is scheduled at 4:30 GMT.
Upcoming:
- Switzerland: Trade balance report for the month of May will be released at 6:00 GMT.
- United Kingdom: Retail sales report due at 8:30 GMT. Bank of England (BoE) will announce monetary policy at 11:00 GMT. BoE governor Carney set for a speech at 20:00 GMT.
- United States: Q1 current account balance will be reported at 12:30 GMT, along with weekly jobless claims report. Philadelphia Fed will also release its manufacturing survey at 12:30 GMT. EIA will release its weekly natural gas inventory report at 14:30 GMT.
- Canada: ADP employment report will be released at 12:30 GMT.
- Japan: National inflation report due at 23:50 GMT.
- Auction: the U.S. will auction 1-month bills at 15:30 GMT.
