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.


BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions
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