Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
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Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
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Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
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Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Not many economic dockets scheduled for today but some with high volatility risks associated.
Data released so far –
- Australia: National Australia Bank’s business confidence declined to 2 in second quarter from 4.
- Japan: All industry activity index declined -1 percent in May.
Upcoming:
- Switzerland: Trade balance for June will be released at 6:00 GMT.
- France: Business climate for July will be released at 6:45 GMT.
- Spain: Trade balance for June will be released at 8:00 GMT.
- United Kingdom: Retail sales for June will be released at 8:30 GMT.
- Greece: Current account for May will be released at 9:00 GMT.
- Eurozone: ECB will announce monetary policy decision at 11:45 GMT.
- United States: Chicago Fed national activity index will be published at 12:30 GMT, along with weekly jobless claims report. Housing price index for May will be released at 13:00 GMT, followed by existing home sales at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: Wholesale sales report for May will be released at 12:30 GMT.
