Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- New Zealand: RBNZ kept the interest rates unchanged at 1.5 percent.
Upcoming:
- Germany: GFK consumer confidence report to be released at 6:00 GMT.
- France: June consumer confidence report will be released at 6:45 GMT.
- Eurozone: ECB will hold its non-monetary policy today.
- Italy: Q1 Debt statistics will be updated at 8:00 GMT.
- Switzerland: ZEW economic survey report will be released at 8:00 GMT.
- United Kingdom: BBA mortgage report due at 8:30 GMT. BoE governor Carney to testify before parliamentary committee beginning 9:15 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT. Durable goods order report will be released at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC member Daly’s speech due at 15:30 GMT.
- Japan: Retail trade report due at 23:50 GMT.
- Auction: the U.S. will auction 5-year note at 17:00 GMT.


Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 



