Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance 
South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data and events so far:
- Australia: RBA reduced rates by 25 bps at today’s meeting.
Upcoming:
- Germany: Retail sales report for the month of May will be released at 6:00 GMT. Prior 4 percent y/y, expected 2.7 percent.
- United Kingdom: Nationwide house price report will be published at 6:00 GMT, followed by the construction PMI report at 8:30 GMT. BRC shop price report due at 23:00 GMT.
- France: Budget report for the month of May will be released at 6:45 GMT.
- Spain: June unemployment report due at 7:00 GMT.
- Eurozone: PPI inflation report will be released at 9:00 GMT.
- Australia: RBA Governor Lowe’s speech due at 9:30 GMT. AiG Performance of Services report to be published at 22:30 GMT.
- United States: FOMC member Williams’s speech due at 10:30 GMT. ISM New York report is due at 13:45 GMT. Vehicle sales report will be published at 19:30 GMT.
- New Zealand: Global dairy auction is scheduled for today.
