Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
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.
