Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
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.
