Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
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.
