Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: House prices in Australia rose by 2.2 percent in the first quarter, up 10.2 percent from a year ago.
Upcoming:
- Switzerland: SECO will release economic forecasts today. SNB Chairman Jordon is scheduled to speak at 8:45 GMT.
- Germany: Producer price inflation report will be released today at 6:00 GMT.
- United Kingdom: BoE Governor Carney is scheduled to speak at 7:30 GMT.
- Greece: April current account balance will be released at 8:00 GMT.
- Eurozone: Current account report for April will be published at 8:00 GMT.
- United States: Fed’s Stanley Fischer is scheduled to speak today at 12:00 GMT. Kaplan is scheduled to speak at 19:00 GMT. Current account details will be published at 12:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Japan: BoJ will release monetary policy minutes today.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT. Spain will auction 3-month and 9-month bonds today.
