Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C. 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: ANZ business confidence index declined to -38.1 in June from -32 in May. Activity outlook index declined to 8 percent from 8.5 percent.
Upcoming:
- Spain: HICP inflation report due at 7:00 GMT.
- Italy: Business and consumer confidence reports will be released at 8:00 GMT, followed by the trade balance report.
- Switzerland: ZEW economic survey report will be released at 8:00 GMT.
- Eurozone: Confidence reports will be released at 9:00 GMT.
- Germany: HICP inflation report due at 12:00 GMT.
- United States: Weekly jobless claims report due at 12:30 GMT, followed by pending home sales report at 14:00 GMT. Kansas Fed will release manufacturing report at 15:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- United Kingdom: GFK consumer confidence report due at 23:00 GMT.
- Japan: Tokyo inflation report due at 23:50 GMT, along with industrial production for the month of May.
- Auction: the U.S. will auction 1-month bills at 15:30 GMT, and 5-year note at 17:00 GMT.
