Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data released so far:
- Japan: Markit services PMI rose to 51.4 in June.
- New Zealand: ANZ commodity price down 1 percent in June.
- Australia: May trade balance came at $0.83 billion, with exports rising 4 percent and imports rising by 3 percent. Retail sales rose by 0.4 percent in May.
- China: Caixin services PMI report will be released at 1:45 GMT.
Upcoming:
- Spain: Markit services PMI report will be released at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Markit services PMI report will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Markit services PMI report will be released at 8:00 GMT.
- United Kingdom: Markit services PMI report will be released at 8:30 GMT.
- United States: U.S. is closed over Independence Day holiday.


Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 



