Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Export prices grew by 9.4 percent in the first quarter, while import prices grew by 1.2 percent.
- Japan: BoJ kept monetary policy steady at today’s meeting. The press conference is scheduled at 6:30 GMT.
Upcoming:
- Germany: GFK consumer confidence report will be released at 6:00 GMT. Consumer price inflation report will be released at 12:00 GMT.
- Switzerland: March trade balance report will be released at 6:00 GMT.
- Spain: First quarter unemployment survey will be released at 7:00 GMT, along with April flash HICP report.
- Italy: Consumer and business confidence for April will be reported at 8:00 GMT.
- Portugal: Consumer and business confidence for April will be reported at 8:00 GMT, followed by trade balance at 8:30 GMT.
- United Kingdom: CBI will release trade survey report at 10:00 GMT. GFK consumer confidence report for April will be released at 23:00 GMT.
- Eurozone: Sentiment and confidence reports for April will be released at 10:00 GMT. ECB will announce interest rate decision at 11:45 GMT, followed by a press conference at 12:30 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with durable goods order report and goods trade balance report. Pending home sales report will be released at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- New Zealand: March trade balance report will be released at 22:45 GMT.
- Japan: Tokyo and National inflation report will be released at 23:30 GMT, along with unemployment report for March and followed by flash industrial production numbers for March and retail trade details.
- Auction: U.S. will auction 7-year note at 17:00 GMT. Italy will auction 5-year and 10-year bonds.
