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.


Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut
BOK Expected to Hold Rates at 2.50% as Housing and Currency Pressures Persist
Asian Markets Mixed as Fed Rate Cut Bets Grow and Japan’s Nikkei Leads Gains
BOJ Governor Ueda and PM Takaichi Set for Key Meeting Amid Yen Slide and Rate-Hike Debate
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets
Spain’s Industrial Output Records Steady Growth in October Amid Revised September Figures
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist
China’s Services Sector Posts Slowest Growth in Five Months as Demand Softens
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 



