Visa Wins China Approval to Prepare Domestic Payments Expansion 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
Fed’s Logan Signals 50 Basis Points More in Rate Hikes 
Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
ECB May Stop Rate Hikes After December, Capital Economics Says 
Add as a preferred source on Google
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.
