Fed’s Williams Signals One More Rate Hike Before Year-End 
BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
RBI Rate Hike Bets Surge as Inflation Rises 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
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Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Westpac leading index flat in May.
Upcoming:
- Japan: All industry activity index will be updated at 4:30 GMT. BoJ governor Kuroda is scheduled to speak at 6:35 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today.
- United Kingdom: Public sector borrowing numbers will be released at 8:30 GMT. MPC member Haldane is scheduled to speak at 11:00 GMT.
- Portugal: Current account balance report for April will be published at 10:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by existing home sales report 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT.
- Switzerland: SNB will release quarterly bulletin at 13:00 GMT.
- New Zealand: RBNZ will announce interest rate decision today at 21:00 GMT.
