Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
Foreign Investors Drive Surge in Japanese Stocks Amid AI Rally and Improved Risk Sentiment 
Oil Prices Steady as U.S.-Iran Talks Ease Tensions Despite Strait of Hormuz Disruptions 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
USDA Plans to Expand Farmer Surveys to Improve Crop Report Accuracy 
U.S. Stock Futures Edge Higher as Ceasefire Extension and Intel Earnings Lift Sentiment 
Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist 
Gold Prices Edge Higher on Weak Dollar but Face Weekly Loss Amid Oil-Driven Inflation Fears 
Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures 
US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence 
Gold Prices Slip as Strong Dollar and Middle East Tensions Weigh on Market 
RBNZ Holds Rates at 2.25% as Middle East Conflict Fuels Inflation Concerns 
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.
