Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
BOJ Expected to Hold Rates Steady While Signaling More Hikes Ahead 
South Korea Raises Interest Rates to 2.75% as Inflation and Weak Won Drive Tightening 
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.
