Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Spain: Q2 unemployment survey report will be released at 7:00 GMT.
- Germany: IFO business climate reports to be released at 8:00 GMT.
- Italy: non-EU trade balance numbers to be released at 8:00 GMT.
- United Kingdom: CBI trade survey report to be released at 10:00 GMT.
- Eurozone: European Central Bank (ECB) will announce interest rate decision at 11:45 GMT, followed by a press conference at 12:30 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with goods trade balance and durable goods order report. EIA will release weekly natural gas inventory report at 14:30 GMT. Kansas Fed will release its manufacturing activity report at 15:00 GMT.
- Japan: Tokyo inflation report to be released at 23:30 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT, and 7-year note at 17:00 GMT.


ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns
New Zealand Unemployment and Inflation Debate Intensifies Ahead of 2026 Election
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 



