RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
BOK Seen Holding Interest Rates Steady as Inflation Risks Rise in South Korea 
Few economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- New Zealand: Credit card spending up 4.5 percent y/y in April.
- Australia: In his speech governor Lowe confirmed RBA’s easing bias.
Upcoming:
- United Kingdom: CBI industrial trend survey report will be released at 10:00 GMT.
- United States: Existing home sales report due at 14:00 GMT. Fed’s Evans’ speech at 14:45 GMT, and Rosengren’s at 16:00 GMT.
- New Zealand: Q1 retail sales report due at 22:45 GMT. Global dairy auction is scheduled today.
- Japan: Machinery orders and trade balance reports will be published at 23:50 GMT.
