New RBNZ Governor Anna Breman Aims to Restore Stability After Tumultuous Years 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Flash Nikkei manufacturing PMI came at 52 for May. All industry activity index declined 0.6 percent in March.
Upcoming:
- Germany: First quarter GDP report will be published at 6:00 GMT. Flash manufacturing and services PMI reports will be released at 7:30 GMT, followed by IFO survey reports at 8:00 GMT.
- Switzerland: April trade balance report will be released at 6:00 GMT.
- France: Flash manufacturing and services PMI reports will be released at 7:00 GMT.
- Eurozone: Flash manufacturing and services PMI reports will be released at 8:00 GMT. EU financial stability review report will be released at 9:00 GMT.
- United Kingdom: Public sector borrowing report will be released at 8:30 GMT. Bank of England (BoE) governor Mark Carney is scheduled to testify at parliament as part of inflation report hearings that will begin at 10:00 GMT. CBI trade survey report will also be released at 10:00 GMT.
- Canada: Wholesale sales report for March will be published at 12:30 GMT.
- United States: Redbook index reports will be published at 12:55 GMT, followed by flash manufacturing and services PMI at 13:45 GMT and new home sales report at 14:00 GMT, along with Richmond Fed manufacturing index. FOMC member Kashkari is scheduled to speak at 13:00 GMT and Harker at 21:00 GMT.
- New Zealand: Trade balance report for April will be released at 22:45 GMT.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT, followed by 2-year note at 17:00 GMT.
