Bank of Korea Nominee Shin Hyun-song Signals Possible Rate Hike Amid Middle East Inflation Fears 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
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 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings are up 0.7 percent from a year ago.
Upcoming:
- China: China might release FX reserve data today.
- Japan: Coincident and leading economic index reports will be released at 5:00 GMT.
- Switzerland: Unemployment report for June will be published at 5:45 GMT. FX reserve data will be released at 7:00 GMT.
- Germany: Industrial production report for the month of May will be published at 6:00 GMT.
- France: May trade balance report will be published at 6:45 GMT, along with industrial production for, budget details, and current account balance for the month.
- Spain: Industrial output report for May will be published at 7:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT, followed by industrial and manufacturing production report and May trade balance report at 8:30 GMT. NIESR will release the GDP estimate at 14:00 GMT.
- Global: G20 meeting begins today in Hamburg Germany.
- United States: NFP report will be published at 12:30 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Canada: Unemployment report June will be released at 12:30 GMT. IVEY PMI report will be published at 14:00 GMT.
