RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Kazakhstan Central Bank Holds Interest Rate at 18% as Inflation Pressures Persist 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns 
Japan Business Sentiment Hits Four-Year High, Boosting Expectations of BOJ Rate Hike 
Asian Currencies Hold Steady as Indian Rupee Slides to Record Low on Fed Outlook 
South Korea Extends Bond Market Stabilization Measures Amid Rising Financial Risks 
Indonesia–U.S. Tariff Talks Near Completion as Both Sides Push for Year-End Deal 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- China: GDP grew by 1.3 percent in the first quarter, up 6.9 percent from a year ago. Industrial production grew by 7.6 percent y/y in February, and retail sales grew by 10.9 percent.
Upcoming:
- Japan: BoJ governor Kuroda is scheduled to speak at 6:15 GMT.
- Germany: Bundesbank will release the monthly report at 12:00 GMT.
- United States: New York empire state manufacturing index will be reported at 12:30 GMT. NAHB housing market index for April will be updated at 14:00 GMT. Treasury will release details of flow till February around 20:00 GMT.
Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT.
