Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: RBA kept interest rates unchanged at 1.5 percent.
- Japan: Labor cash earnings grew 0.5 percent y/y in April.
- New Zealand: ANZ commodity prices grew 3.2 percent in May.
Upcoming:
- Eurozone: Sentix investor confidence report will be published at 8:30 GMT, followed by retail sales report for April.
- United States: Redbook index will be updated at 12:55 GMT, followed by JOLTS jobs report and TIPP economic optimism at 14:00 GMT.
- New Zealand: Global dairy auction is scheduled today. 1st quarter manufacturing sales report will be published at 22:45 GMT.
- Canada: IVEY PMI report will be published at 14:00 GMT.
- Australia: Aig construction index will be updated at 23:30 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT. The UK will auction 30-year bond today.
