Lots of economic dockets scheduled for today and all with low to medium risks associated.
Data released so far:
- Australia – HIA new home sales declined -4.4 percent in May.
Upcoming:
- Germany: GFK consumer confidence survey will be published at 6:00 GMT. Prior index value 9.8. HICP inflation for June will be released at 12:00 GMT.
- Switzerland – UBS consumption indicator for May will be released at 6:00 GMT. Prior 1.47.
- Spain – Flash HICP will be released at 7:00 GMT.
- Portugal – Business and consumer confidence will be announced today.
- Euro zone – Euro zone consumer confidence, services sentiment, economic sentiment, business climate and industrial confidence will be released at 9:00 GMT.
- United Kingdom: Nationwide housing prices report will be released at 6:00 GMT. Lending to individuals, consumer credit, mortgage approvals and money supply statistics will be announced at 8:30 GMT. GFK consumer confidence will be announced at 23:00 GMT.
- United States: Personal income and spending report will be announced at 12:30 GMT. Pending home sales report for may will be published at 14:00 GMT. EIA will release crude oil inventory report at 14:30 GMT. Fed is likely to release stress test results, done on banks.
- New Zealand – Building permits for May will be released at 22:45 GMT.
- Japan: Industrial production report for May will be released at 23:50 GMT.
- Auction: United States will auction 5 year and 7 year note at 17:00 GMT.


Gold Prices Hold Steady Amid Iran Tensions and Interest Rate Uncertainty
US Moves to Secure Gulf Shipping Amid Rising Tensions with Iran
Wall Street Mixed as Apple Earnings Boost Nasdaq and Oil Prices Ease
Tokyo Inflation Slows Despite Energy Pressures and BOJ Policy Outlook
Trump Rejects Iran Proposal as Tensions Persist Amid Fragile Ceasefire
Dollar Holds Firm as Asian Currencies Stabilize Amid Middle East Tensions and Rate Uncertainty
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated
Asian Stocks Rise Slightly as Oil Prices Hold Steady Amid Middle East Uncertainty
Oil Prices Fall as Iran Proposes New Deal Amid Ongoing U.S. Tensions
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
EU Warns of Response as U.S. Considers 25% Tariffs on Car Imports 



