BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
UK Raises Deposit Protection Limit to £120,000 to Strengthen Saver Confidence 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: House price index up 10.7 percent y/y in May.
- Australia: House price index down 3 percent q/q n Q1, down 7.4 percent from a year ago.
Upcoming:
- Eurozone: ECB President Draghi set for a speech at 8:00 GMT, member De Guindos at 8:30 GMT, and Lane at 14:00 GMT. April trade balance report coming due at 9:00 GMT, along with May CPI inflation report and ZEW economic survey report.
- Germany: ZEW Economic survey report will be released at 9:00 GMT.
- United States: Building permits and Housing starts reports due at 12:30 GMT.
- United Kingdom: BoE governor Carney’s speech due at 14:00 GMT.
- New Zealand: Q1 current account balance report to be released at 22:45 GMT. Global dairy auction s scheduled today.
- Japan: Trade balance report for the month of May will be published at 23:50 GMT.
- Auction: the U.S. will release 12-month bills at 15:30 GMT. The UK will auction 10-year bond today. Spain will auction 3-month and 9-month Letras today.
