Not many economic dockets scheduled for today, however risk associated is high.
Data released so far -
- Australia - Westpac consumer confidence dropped by -6.9% in June reading.
Upcoming -
- France - Industrial output for April will be released at 6:45 GMT.
Market is expecting growth of 0.4% after -0.3% dip in March. - Italy - Industrial output for
April to be released at 8:00 GMT. Growth was 0.4% m/m in March. - UK - UK will declare manufacturing and industrial production details 8:30 GMT. RICS house price balance will be declared at 23:00 GMT.
- Greece - Greece will declare CPI details at 9:00 GMT. CPI is expected to drop by -1.7% y/y in May after -2.1% y/y drop in April.
- India - India might be releasing trade balance stat at 11:30 GMT.
- US - Not many economic dockets scheduled today. MBA mortgage application at 11:00 GMT, followed by monthly budget statement at 18:00 GMT. EIA will declare crude oil inventory at 14:30 GMT.
- New Zealand - RBNZ will declare monetary policy decision at 21:00 GMT.
- Auctions - US will auction 10 year bond at 17:00 GMT.