ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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.
