Gold Loses Shine as Crude Oil Surges: Safe-Haven Metal Retreats Toward USD 4,500 Support 
Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns 
Strait of Hormuz Disruption Sparks Global Oil Supply Fears 
Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict 
Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars 
Not many economic dockets scheduled for today. Risk associated is moderate.
Data released so far -
- Japan - Bank of Japan (BOJ) kept policy on hold.
Upcoming -
- Japan - Japan will release data on all industry activity, leading index and coincident index around 4:30 to 5:00 GMT.
- Germany - Producer price index would be released at 6:00 GMT.
- Euro zone - Euro zone would release current account balance at 8:00 GMT
- UK - Public sector net borrowing data for May would be released at 8:30 GMT.
- Canada - Consumer price index to be released at 12:30 GMT. Median expectation is core consumer price index growth to decline to 2.1% from 2.4% prior on yearly basis.
- US - No economic dockets scheduled for today. FOMC member Mester is going to speak at 16:00 GMT. Vital to watch since its First speech post FOMC.
