China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ business confidence improved to 24.8 in June. Activity outlook improved to 42.8 percent.
- Australia: HIA new home sales grew 1.1 percent m/m in April.
Upcoming:
- Germany: GFK consumer confidence report for July will be published at 6:00 GMT. Consumer price inflation numbers will be released at 12:00 GMT.
- Spain: Flash HICP inflation numbers will be released at 7:00 GMT.
- United Kingdom: Consumer credit details, Mortgage approvals, and M4 money supply numbers will be published at 8:30 GMT. GFK consumer confidence report for June will be released at 23:00 GMT.
- Portugal: Consumer and business confidence report will be released at 8:30 GMT.
- Eurozone: Consumer confidence, economic sentiment, industrial confidence, services sentiment, and business climate report for June will be updated at 9:00 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with first quarter GDP numbers. EIA will release weekly natural gas inventory report at 14:30 GMT. Fed’s Bullard is scheduled to speak at 17:00 GMT.
- New Zealand: Building permits report for May will be published at 22:45 GMT.
- Japan: Tokyo and national inflation numbers will be released at 23:30 GMT, followed by unemployment report and industrial production at 23:50 GMT.
