Guide to today’s important data and events

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.