Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 2.1 percent y/y in May.
Upcoming:
- Germany: Industrial production report will be released at 6:00 GMT.
- France: Trade balance report will be released at 6:45 GMT.
- Switzerland: Forex reserve report will be released at 7:00 GMT.
- United Kingdom: Halifax house price report will be released at 7:30 GMT.
- Italy: Retail sales report for the month of May will be released at 8:00 GMT.
- United States: May trade balance report will be released at 12:30 GMT, along with NFP report. EIA will release weekly report will be released at 14:30 GMT.
- Canada: May trade balance report will be released at 12:30 GMT, along with unemployment report. IVEY PMI report will be released at 14:00 GMT.


Japan’s Rising Inflation Strengthens Case for a Near-Term BOJ Rate Hike
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates
Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025
BOJ’s Noguchi Calls for Cautious, Gradual Interest Rate Hikes to Sustain Inflation Goals
Fed Officials Split as Powell Weighs December Interest Rate Cut 



