Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Indian Government Bonds Seen Opening Steady Ahead of RBI Policy Decision 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ business confidence improved to 24.8 in June. Activity outlook improved to 42.8 percent.
- Australia: HIA new home sales grew 1.1 percent m/m in April.
Upcoming:
- Germany: GFK consumer confidence report for July will be published at 6:00 GMT. Consumer price inflation numbers will be released at 12:00 GMT.
- Spain: Flash HICP inflation numbers will be released at 7:00 GMT.
- United Kingdom: Consumer credit details, Mortgage approvals, and M4 money supply numbers will be published at 8:30 GMT. GFK consumer confidence report for June will be released at 23:00 GMT.
- Portugal: Consumer and business confidence report will be released at 8:30 GMT.
- Eurozone: Consumer confidence, economic sentiment, industrial confidence, services sentiment, and business climate report for June will be updated at 9:00 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with first quarter GDP numbers. EIA will release weekly natural gas inventory report at 14:30 GMT. Fed’s Bullard is scheduled to speak at 17:00 GMT.
- New Zealand: Building permits report for May will be published at 22:45 GMT.
- Japan: Tokyo and national inflation numbers will be released at 23:30 GMT, followed by unemployment report and industrial production at 23:50 GMT.
