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Fed’s Hammack Says More Data Needed Before Next Rate Move 
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Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- New Zealand: ANZ business confidence index declined to -39 in June from -27 in May. ANZ activity outlook index declined to 9.4 percent in June, down from 13.6 percent in May.
- United Kingdom: Nationwide house price up 0.5 percent in June, up 2 percent from a year ago.
- France: Consumer confidence declined to 97 in June from 99 in May.
Upcoming:
- Italy: Consumer and business confidence report will be released at 8:00 GMT, followed by trade balance report at 9:00 GMT, and PPI inflation report at 10:00 GMT.
- Eurozone: M3 money supply and private loan statistics report will be released at 8:30 GMT.
- United Kingdom: BoE will release financial stability report at 8:30 GMT. BoE governor Carney is set for a speech at 8:30 GMT. CBI distributive trade survey report will be released at 10:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by durable goods report at 12:30 GMT, and pending home sales report at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC’s Rosengren is set for a speech at 16:15 GMT.
- Switzerland: SNB will release quarterly bulletin at 13:00 GMT.
- Canada: BoC governor Poloz is set for a speech at 19:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 21:00 GMT.
- Japan: May retail trade report will be released at 23:50 GMT
- Auction: U.S. will auction 5-year note at 17:00 GMT.
