DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Westpac leading index flat in May.
Upcoming:
- Switzerland: May trade balance report will be released at 6:00 GMT.
- France: Business climate report will be released at 6:45 GMT.
- United Kingdom: CBI industrial trade report will be released at 10:00 GMT. MPC member Forbes is scheduled to speak at 18:00 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, followed by House price report at 13:00 GMT. FOMC member Powell is scheduled to speak at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT. Kansas Fed manufacturing report will be published at 15:00 GMT.
- Canada: Retail sales report for April will be published at 12:30 GMT.
- Eurozone: Flash consumer confidence report for June will be published at 14:00 GMT.
