Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
Will the RBA raise rates again? Unless prices surge over summer, it's looking less likely 
Why central banks should stop raising interest rates 
Bank of England interest rate rise: why this could be the last increase for a while 
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.
