Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: BoJ kept monetary policy unchanged.
- China: Foreign Direct Investment (FDI) declines to 0.7 percent y/y.
Upcoming:
- Japan: BoJ Governor Kuroda’s press conference is scheduled at 6:30 GMT.
- Italy: April trade balance report will be released at 8:00 GMT.
- Eurozone: May CPI inflation numbers will be published at 9:00 GMT, along with first quarter Labor costs.
- United Kingdom: BoE will release quarterly bulletin at 11:00 GMT.
- United States: Building permits and housing starts numbers will be updated at 12:30 GMT, followed by Michigan consumer sentiment at 14:00 GMT. Fed’s Kaplan is scheduled to speak at 16:45 GMT.


Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Best Gold Stocks to Buy Now: AABB, GOLD, GDX
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 



