Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations for May came at 4 percent. The unemployment rate declined to 5.7 percent as 37,400 jobs added in April.
Upcoming:
- United Kingdom: retail sales report for April will be published at 8:30 GMT.
- Portugal: Current account balance for March will be reported at 10:00 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with Philadelphia Fed manufacturing survey. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC’s Mester will speak at 17:15 GMT.
- Eurozone: ECB President Draghi’s speech is scheduled today at 17:00 GMT.
- Japan: Flash first quarter report will be released at 23:50 GMT.
- Auction: Germany will auction 30-year bonds today.


Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



