Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade 
Paul Atkins Emphasizes Global Regulatory Cooperation at Fintech Conference 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Taiwan Urges Stronger Trade Ties With Fellow Democracies, Rejects Economic Dependence on China 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations rose to 4.1 percent in April. Unemployment remained same at 5.9 percent despite 0.2 percent increase in the participation as economy adds 60,900 jobs.
- China: In March, trade balance came at $23.93 billion. Exports rose by 16.4 percent y/y and imports up by 20.3 percent y/y.
Upcoming:
- Germany: Consumer price inflation report will be released at 6:00 GMT.
- France: Consumer price inflation report will be released at 6:45 GMT.
- Switzerland: Producer and import price data for March will be updated at 7:15 GMT.
- Italy: Consumer price inflation report will be released at 8:00 GMT.
- United Kingdom: BoE will release credit conditions survey at 8:30 GMT.
- United States: producer price inflation report for March will be released at 12:30 GMT, along with weekly jobless claims report. Michigan consumer sentiment report will be published at 14:00 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, along with February manufacturing shipments report. BoC governor Poloz is scheduled to speak at 14:30 GMT.
