RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
BOJ Holds Interest Rates at 0.75% as Policymakers Signal Growing Inflation Concerns 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Data and events so far:
- G20: The much anticipated two-day G20 meeting begins today in Osaka Japan.
- Australia: Private sector credit growth slowed to 3.6 percent y/y in May.
Upcoming:
- Japan: Housing starts and construction orders report due at 5:00 GMT.
- Spain: Q1 GDP report due at 7:00 GMT, followed by retail sales report at 8:00 GMT.
- Germany: Import price inflation report due at 6:00 GMT.
- France: CPI inflation report due at 6:45 GMT.
- United Kingdom: Q1 GDP report will be published at 8:30 GMT.
- Italy: HICP inflation report will be released at 9:00 GMT, and PPI inflation 10:00 GMT.
- Eurozone: CPI inflation report due at 9:00 GMT.
- United States: Personal consumption and expenditure report due at 12:30 GMT, followed by Chicago PMI report at 14:00 GMT.
- Canada: April GDP report will be released at 12:30 GMT. Bank of Canada (BoC) will release its business outlook survey at 14:30 GMT.
