Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Upcoming:
- United Kingdom: Inflation report will be released at 8:30 GMT for the month of June.
- Eurozone: CPI inflation report will be released at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Building permits and housing starts report will be released at 12:30 GMT. Fed’s Powell will testify before Congress for the second day. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed will release the beige book at 18:00 GMT.
- Japan: Trade balance report will be released at 23:50 GMT.


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
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 



