RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- The 43rd G7 summit begins today in Italy.
- United States: Fed’s Bullard is scheduled to speak at 6:45 GMT. First quarter flash GDP numbers will be released at 12:30 GMT, along with durable goods orders and followed by Michigan consumer sentiment report at 14:00 GMT.
- Italy: Consumer and business confidence reports for May will be published at 8:00 GMT.
