Reserve Bank of India governor said the central bank will broaden the scope of forward FX securities and will issue a 40-year Indian government bond.

Bank of England: In the three months to May, firms' one-year-ahead own-product inflation expectations were 4.0%, 0.2 percentage point higher than in the three months to April.

US mortgage rates edged down last week as sellers struggled to find buyers, Freddie Mac data showed. The average 30-year fixed rate fell to 6.48% from 6.53% the prior week and 6.85% a year earlier. Uncertainty from the Iran conflict has lifted inf expectations and kept borrowing costs elevated, putting the peak selling season under pressure. Nationwide inventory growth is outpacing demand, leaving many sellers unable to attract bids, and high fuel and living costs are dampening buyers’ willingness to push prices, Redfin said.