Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Gold Prices Rise Slightly but Head for Weekly Loss Amid Oil Surge and Inflation Fears 
India-US Trade Talks Advance Toward $500 Billion Goal Amid Ongoing Negotiations 
Oil Prices Steady as U.S.-Iran Talks Ease Tensions Despite Strait of Hormuz Disruptions 
Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist 
Foreign Investors Drive Surge in Japanese Stocks Amid AI Rally and Improved Risk Sentiment 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- OPEC and N-OPEC meetings scheduled today. Outcome expected at 15:00 GMT.
- Spain: First quarter GDP report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by April trade balance report at 9:00 GMT.
- United Kingdom: first quarter flash GDP numbers will be published at 8:30 GMT. Business investment report for the first quarter will be published at 9:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with goods trade balance for April. Kansas Fed manufacturing report will be published at 15:00 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC member Brainard is scheduled to speak at 14:00 GMT.
- Japan: Tokyo and National CPI reports will be published at 23:30 GMT.
