ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Not many economic data and events scheduled for today, but some with high volatility risks associated.
Upcoming:
- Oil: OPEC would hold its semiannual meeting in Vienna, Austria
- United Kingdom: CBI will release the distributive trend survey report at 10:00 GMT.
- Canada: Wholesale sales report due at 12:30 GMT.
- United States: S&P/Case-Shiller home price report due at 13:00 GMT, followed by new home sales report at 14:00 GMT. Richmond Fed will release its manufacturing report at 14:00 GMT. FOMC member Bostic’s speech is scheduled at 16:00 GMT, Fed Chair Powell’s at 17:00 GMT, and FOMC member Bullard’s at 22:30 GMT.
- Auction: U.S. will auction 2-year note at 17:00 GMT.
