Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
European Stocks Rise as Markets Await Key U.S. Inflation Data 
Australia’s Economic Growth Slows in Q3 Despite Strong Investment Activity 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Asian Currencies Steady as Markets Await Fed Rate Decision; Indian Rupee Hits New Record Low 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
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.
