Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
BOJ Signals Imminent Interest Rate Hike Amid Strengthening Economic Conditions 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Japan’s Inflation Edges Higher in October as BOJ Faces Growing Pressure to Hike Rates 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectation declined to 3.6 percent in April survey. Home loans are down 0.2 percent in February, investment lending for homes up 0.5 percent.
Upcoming:
- United Kingdom: MPC member Broadbent is set for a speech at 6:30 GMT, and Governor Mark Carney at 19:00 GMT.
- France: March inflation report will be released at 6:45 GMT.
- Eurozone: Industrial production report will be released at 9:00 GMT for the month of February. ECB’s Coeure is set for a speech at 12:15 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with terms of trade report. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC member Kashkari is scheduled to speak at 21:00 GMT.
- Canada: New house price index will be updated at 12:30 GMT.
- Germany: Bundesbank President Weidman is set for a speech at 16:00 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
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