Gold Prices Rise Slightly but Head for Weekly Loss Amid Oil Surge and Inflation Fears 
U.S. Stock Futures Edge Higher as Ceasefire Extension and Intel Earnings Lift Sentiment 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Asian Markets Mixed as Oil Prices Rise Amid Middle East Tensions and Ceasefire Uncertainty 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Consumer price inflation rose by 1.2 percent y/y in April. Producer price inflation is up 6.4 percent.
Upcoming:
- Japan: Coincident index and leading economic index will be updated at 5:00 GMT.
- France: Trade balance for March will be reported at 6:45 GMT, along with Industrial output data and current account balance.
- Italy: Italy will release March Industrial output report at 8:00 GMT.
- Greece: Industrial production report for March will be reported at 9:00 GMT, along with consumer price inflation report.
- Portugal: March trade balance report will be released at 10:00 GMT, along with first quarter unemployment report.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by terms of trade for April. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed’s Rosengren is scheduled to speak at 16:00 GMT. April budget details will be reported at 18:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 21:00 GMT.
- Japan: March trade balance report will be released at 23:50 GMT.
- Auction: U.S. will auction 10-year note at 17:00 GMT.
