Lots of economic data and events scheduled for today, but all with low to medium volatility risks associated.
Upcoming:
- Switzerland: Q1 GDP report will be released at 5:45 GMT, followed by the April trade balance report at 6:00 GMT.
- Germany: Import price inflation report to be released at 6:00 GMT, along with GFK consumer confidence report.
- France: May consumer confidence report to be released at 6:45 GMT.
- Eurozone: Private loans and money supply statistics for the month of April will be released at 8:00 GMT. Sentiment reports will be released at 9:00 GMT.
- United Kingdom: Inflation report hearings will take place before the parliamentary committee.
- United States: S&P/Case-Shiller house price report due at 13:00 GMT, followed by consumer confidence report at 14:00 GMT, and Dallas Fed manufacturing report at 14:30 GMT.
- New Zealand: RBNZ will release the financial stability report at 21:00 GMT, which would follow RBNZ governor Orr’s speech.
- Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT, and 5-year note at 17:00 GMT.


Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 



