Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Australia: RBA reduced rates by 25 bps at today’s meeting.
Upcoming:
- Germany: Retail sales report for the month of May will be released at 6:00 GMT. Prior 4 percent y/y, expected 2.7 percent.
- United Kingdom: Nationwide house price report will be published at 6:00 GMT, followed by the construction PMI report at 8:30 GMT. BRC shop price report due at 23:00 GMT.
- France: Budget report for the month of May will be released at 6:45 GMT.
- Spain: June unemployment report due at 7:00 GMT.
- Eurozone: PPI inflation report will be released at 9:00 GMT.
- Australia: RBA Governor Lowe’s speech due at 9:30 GMT. AiG Performance of Services report to be published at 22:30 GMT.
- United States: FOMC member Williams’s speech due at 10:30 GMT. ISM New York report is due at 13:45 GMT. Vehicle sales report will be published at 19:30 GMT.
- New Zealand: Global dairy auction is scheduled for today.


BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves
Fed Officials Split as Powell Weighs December Interest Rate Cut
BOJ Seen Moving Toward December Rate Hike as Yen Slides
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 



