Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
IMF and World Bank Resume Ties with Venezuela, Opening Door to Billions in Funding 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions 
Gold Prices Dip Slightly But Hold Weekly Gains Amid U.S.-Iran Ceasefire Hopes 
U.S.-Iran Ceasefire Uncertainty Keeps Oil Prices Under Pressure 
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.
