China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: House price growth in May declined to 10.4 percent y/y.
- Australia: New motor vehicle sales grew 2.9 percent in May, up 4.9 percent from a year ago.
Upcoming:
- United Kingdom: Brexit negotiations officially begins today.
- Eurozone: Construction output report for April will be published at 9:00 GMT.
- United States: Fed’s William Dudley is scheduled to speak today at 12:00 GMT. Evans is scheduled to speak at 23:00 GMT.
- Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT. Spain will auction 10-year bond today.
