Gold Prices Stabilize in Asian Trade After Sharp Weekly Losses Amid Fed Uncertainty 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
India Budget 2026: Modi Government Eyes Reforms Amid Global Uncertainty and Fiscal Pressures 
U.S. Eases Venezuela Oil Sanctions to Boost American Investment After Maduro Ouster 
South Korea Factory Activity Hits 18-Month High as Export Demand Surges 
Canada’s Trade Deficit Jumps in November as Exports Slide and Firms Diversify Away From U.S. 
EU Recovery Fund Faces Bottlenecks Despite Driving Digital and Green Projects 
Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- US is closed for 4th of July independence day.
- Australia: Retail sales up 0.1 percent m/m in May.
Upcoming:
- Switzerland: CPI inflation for the month of June due at 6:30 GMT. Expected 0.5 percent y/y, prior 0.6 percent.
- Eurozone: ECB member Lane to speak at 7:00 GMT. Retail sales report for the month of May to be published at 9:00 GMT. ECB member De Guindos to speak at 9:00 GMT.
- Australia: AiG performance of construction report to be published at 22:30 GMT.
- Auction: Spain and France will auction 10-year bonds today.
