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Not many economic dockets scheduled for today, however risk associated are high.
Data released so far -
- Germany - GFK consumer confidence came at 10.1, lower than prior 10.2
Upcoming -
- Euro zone - Euro group finance ministers and leaders are holding meeting to reach a resolution point prior to looming deadline on June 30th.
- US - Lot of economic dockets are scheduled for release today. Initial jobless claims at 12:30 GMT, along with personal consumption, spending and inflation. Focus is on expenditure, as it would be key driver for US growth. Preliminary reading on Markit services PMI is scheduled at 13:45 GMT. Prior was 56.2, median expectation is 56.7. Kansas FED manufacturing detail to be released at 15:00 GMT.
- New Zealand - Trade balance for May to be released at 22:45 GMT.
- Japan - Japan will release consumer price inflation and unemployment rate at 23:30 GMT.
- Auctions - US will auction 7 year note at 17:00 GMT.
