Quite a number of economic events lined up today but all with low to medium volatility risks associated.
Upcoming:
- Germany: Factory orders for May will be announced at 6:00 GMT.
- Spain: Industrial output for May will be announced at 7:00 GMT.
- United States: MBA mortgage applications will be announced at 11:00 GMT, followed by Trade balance for May. Fed’s Tarullo will be speaking at 13:00 GMT. Markit services PMI will be announced at 13:45 GMT, followed by ISM-non manufacturing PMI at 14:00 GMT. FOMC will release minutes of June meeting at 18:00 GMT.
- Canada: Trade balance for May will be announced at 12:30 GMT.
- Australia: AiG performance of construction index will be published at 23:30 GMT.
- Auctions: US will auction 1 month bills at 18:30 GMT.


Japan Signals Readiness to Act on Yen as Intervention Speculation Grows
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



