Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Japan: Eco-Watchers survey report will be released at 5:00 GMT.
- Germany: Wholesale inflation numbers will be reported at 6:00 GMT.
- Switzerland: Consumer price inflation report will be released at 7:15 GMT for the month of April.
- Eurozone: European Central Bank (ECB) will release economic bulletin at 8:00 GMT.
- United Kingdom: Industrial and manufacturing production numbers will be reported at 8:30 GMT, along with March trade balance figures. The Bank of England (BoE) will announce interest rate decision at 11:00 GMT and will release quarterly inflation report. NIESR will release GDP estimate for three months to April.
- Greece: February unemployment report will be released at 9:00 GMT.
- Portugal: Consumer price inflation report for April will be released at 10:00 GMT.
- United States: Fed’s Dudley is scheduled to speak at 10:25 GMT. Producer price inflation report will be released at 12:30 GMT, along with weekly jobless claims report. Fed’s Evans is scheduled to speak at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: New house price index will be updated at 12:30 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
- Auction: U.S. will auction 30-year note at 17:00 GMT.


IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks
Fed Minutes Signal Another Rate Hike by Year-End
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports
US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow
RBI Rate Hike Bets Surge as Inflation Rises
Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal
Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI
Samsung, SK Hynix Shares Plunge as China Chip Competition Grows
Oil Prices Fall as Russia Signals Higher Diesel Exports
Deutsche Bank CEO Urges Faster German Economic Reforms
ECB May Stop Rate Hikes After December, Capital Economics Says 



