Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: GFK consumer confidence report will be released at 6:00 GMT. HICP inflation report will be released at 12:00 GMT.
- Spain: HICP inflation report will be released at 7:00 GMT.
- Italy: Q1 debt to GDP will be updated at 8:00 GMT, followed by the release of HICP inflation report at 9:00 GMT.
- Eurozone: EU would release economic bulletin at 8:00 GMT. Eurozone confidence report will be released at 9:00 GMT.
- United States: Q1 GDP report will be released at 12:30 GMT, along with weekly jobless claims report. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC member Bullard is set for a speech at 14:45 GMT, and Bostic at 16:00 GMT.
- United Kingdom: GFK consumer confidence report will be released at 23:00 GMT.
- Japan: June Tokyo inflation report will be released at 23:30 GMT, along with unemployment report and industrial production report.
- Auction: U.S. will auction 7-year note at 17:00 GMT.
