Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Asian Markets Slip as AI Spending Fears Shake Tech, Wall Street Futures Rebound 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
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.
