Fed’s Williams Signals One More Rate Hike Before Year-End 
Oil Prices Surge Above $106 After Deadly Saudi Airport Attack 
RBA Signals More Rate Hikes as Inflation Risks Rise 
IMF, World Bank Meetings Face Global Economic Risks Amid Iran War 
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 
Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal 
Visa Wins China Approval to Prepare Domestic Payments Expansion 
European Stocks Rise as Oil Prices Fall Ahead of US CPI 
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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.
