Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
RBA Set for September Rate Hike as Inflation Stays High 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: March trade balance report due at 6:00 GMT.
- France: March industrial output and non-farm payrolls report to be released at 6:45 GMT.
- Italy: April industrial output numbers will be released at 8:00 GMT, followed by March retail sales at 9:00 GMT.
- United Kingdom: Q1 flash GDP report will be released at 8:30 GMT, along with March trade balance and industrial production report.
- United States: CPI inflation report due at 12:30 GMT. Fed’s Brainard set for a speech at 12:30 GMT, and Bostic at 13:00 GMT.
- Canada: April unemployment report to be released at 12:30 GMT, along with March building permits report.
