Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Germany: Import price inflation numbers for May will be published at 6:00 GMT.
- United Kingdom: Nationwide house price data for June will be released at 6:00 GMT.
- Switzerland: UBS consumption indicator for May will be reported at 6:00 GMT. Zew survey report for June will be published at 8:00 GMT.
- France: Consumer confidence report for June will be released at 6:45 GMT.
- Spain: Retail sales report for May will be released at 7:00 GMT.
- Eurozone: Private loans and money supply data for May will be released at 8:00 GMT. ECB President Draghi will be speaking at 13:30 GMT at ECB organized central bankers’ meet, along with BoE’s Carney, BoJ’s Kuroda, and BoC’s Poloz.
- Italy: Flash Consumer inflation numbers for June will be updated at 9:00 GMT.
- United States: MBA mortgage applications numbers will be updated at 11:00 GMT, followed by the release of wholesale inventories report for May, along with Goods trade balance for the same month. Pending home sales report will be released at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:00 GMT.
- Japan: Retail trade report will be published at 23:50 GMT.


ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 



