BOJ Governor Ueda Warns Oil Price Shock Could Trigger Persistent Inflation 
RBNZ Holds Interest Rates Steady but Signals More Hikes Ahead in 2026 
BOK Seen Holding Interest Rates Steady as Inflation Risks Rise in South Korea 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Sizable economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Construction work in Q1 declined 1.9 percent.
Upcoming:
- United States: FOMC member Bullard set for a speech at 5:00 GMT. MBA mortgage report due at 11:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting 18:00 GMT.
- Eurozone: Eurozone President Draghi’s speech due at 7:30 GMT, and Peter Praet at 9:30 GMT.
- United Kingdom: April CPI, PPI, WPI, and HPI inflation report to be released at 8:30 GMT.
- Canada: March retail sales report due at 12:30 GMT.
