Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Oil Prices Rise as US-Iran Talks Stall, Inflation Risks Grow 
Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data 
RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Flash Nikkei manufacturing PMI came at 52 for May. All industry activity index declined 0.6 percent in March.
Upcoming:
- Germany: First quarter GDP report will be published at 6:00 GMT. Flash manufacturing and services PMI reports will be released at 7:30 GMT, followed by IFO survey reports at 8:00 GMT.
- Switzerland: April trade balance report will be released at 6:00 GMT.
- France: Flash manufacturing and services PMI reports will be released at 7:00 GMT.
- Eurozone: Flash manufacturing and services PMI reports will be released at 8:00 GMT. EU financial stability review report will be released at 9:00 GMT.
- United Kingdom: Public sector borrowing report will be released at 8:30 GMT. Bank of England (BoE) governor Mark Carney is scheduled to testify at parliament as part of inflation report hearings that will begin at 10:00 GMT. CBI trade survey report will also be released at 10:00 GMT.
- Canada: Wholesale sales report for March will be published at 12:30 GMT.
- United States: Redbook index reports will be published at 12:55 GMT, followed by flash manufacturing and services PMI at 13:45 GMT and new home sales report at 14:00 GMT, along with Richmond Fed manufacturing index. FOMC member Kashkari is scheduled to speak at 13:00 GMT and Harker at 21:00 GMT.
- New Zealand: Trade balance report for April will be released at 22:45 GMT.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT, followed by 2-year note at 17:00 GMT.
