BOJ Signals Faster Rate Hikes as Inflation Risks Grow 
US Dollar Rises for Fourth Week as Fed Rate Hike Bets Grow 
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed 
RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity 
Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
RBA Signals More Rate Hikes as Inflation Risks Rise 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
IMF, World Bank Meetings Face Global Economic Risks Amid Iran War 
Add as a preferred source on Google
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Westpac leading index declined 0.1 percent in April. Construction work done in the first quarter declined by 0.7 percent.
Upcoming:
- Japan: Leading economic index and coincident index will be updated at 5:00 GMT.
- Germany: GFK consumer confidence report will be published at 6:00 GMT.
- Switzerland: First quarter industrial production report will be released at 7:15 GMT.
- Eurozone: EU financial stability review report will be released at 9:00 GMT. ECB President Draghi’s speech is scheduled at 12:45 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by House price report at 13:00 GMT, and existing home sales report at 14:00 GMT. EIA will report crude oil inventory details at 14:30 GMT. FOMC will release minutes of meeting report at 18:00 GMT. FOMC member Kaplan is scheduled to speak at 22:00 GMT.
- Canada: Bank of Canada (BoC) will announce interest rate decision at 14:00 GMT.
