Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
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.
