RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei manufacturing PMI rose to 53.3 in April, according to flash report.
Upcoming:
- France: Flash PMI reports will be released at 7:00 GMT.
- Germany: Flash PMI reports will be released at 7:30 GMT. Bundesbank will release its monthly report at 10:00 GMT.
- Eurozone: Flash PMI reports will be released at 7:30 GMT.
- United States: Chicago Fed national activity index will be updated at 12:30 GMT, followed by flash PMI reports at 13:45 GMT. Existing home sales report will be released at 14:00 GMT.
- Japan: Corporate Service price report will be released at 23:50 GMT.
- Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT.
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