Visa Wins China Approval to Prepare Domestic Payments Expansion 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
Oil Prices Fall as Russia Signals Higher Diesel Exports 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
Trump Secures Russian Diesel Deal as US Fuel Prices Surge 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
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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.
