RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: TD Securities inflation gauge is up 2.8 percent y/y in May. Companies’ gross operating profit grew 6 percent q/q in the first quarter.
- China: Caixin services PMI grew to 52.8 in May.
Upcoming:
- Spain: Markit services PMI report will be published at 7:15 GMT.
- Italy: Markit services PMI report will be published at 7:45 GMT.
- France: Markit services PMI report will be published at 7:50 GMT.
- Germany: Markit services PMI report will be published at 7:55 GMT.
- Eurozone: Markit services PMI report will be published at 8:00 GMT.
- United Kingdom: Services PMI report will be published at 8:30 GMT. BRC retail sales report will be published at 23:00 GMT.
- United States: 1st quarter non-farm productivity report will be released at 12:30 GMT, along with labor cost report. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI, and Factory orders at 14:00 GMT. Labor market condition index will be updated at 14:05 GMT.
- Auction: The US will auction 3-month and 6-month bills at 15:30 GMT.
