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.


China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
ECB Expected to Hold Rates as Middle East Tensions Keep September Hike in Focus
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 



