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Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- OPEC's two-day meeting begins today.
- Switzerland: May trade balance report will be released at 6:00 GMT. SNB will announce interest rate decision at 7:30 GMT.
- United Kingdom: Public sector net borrowing report will be released at 8:30 GMT.
- Germany: Bundesbank President Weidmann is set for a speech at 9:45 GMT.
- United Kingdom: CBI industrial survey report will be released at 10:00 GMT. Bank of England (BoE) will announce rate decision at 11:00 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with Philadelphia Fed manufacturing report. April house price report will be released at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. U.S. Fed will release bank stress test result today.
- Canada: ADP employment report will be released at 12:30 GMT, along with wholesale sales report.
- Eurozone: Consumer confidence report will be released at 14:00 GMT.
- Japan: CPI inflation report will be released at 23:30 GMT.
