Australia Bans Card Payment Surcharges Starting October 2025 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
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.
