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.


Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 



