BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
Asian Currencies Trade Sideways as Dollar Stabilizes, Yen Weakens Ahead of Japan Election 
Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves 
Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Upcoming:
- Germany: HICP inflation readings for April will be released at 6:00 GMT, along with first quarter flash GDP report.
- Japan: Machine tools orders report will be released at 6:00 GMT.
- France: First quarter non-farm payroll report will be released in the first quarter.
- Spain: Flash HICP inflation report will be released at 7:00 GMT.
- Eurozone: Industrial production report for March will be released at 9:00 GMT.
- United States: Retail sales report for April will be released at 12:30 GMT. Consumer price inflation report will also be released at 12:30 GMT. Flash Michigan consumer sentiment report will be released at 14:00 GMT.
