Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027 
Indonesia Plans Higher Asset Yields to Boost Rupiah and Restore Investor Confidence 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
Taiwan Central Bank Likely to Keep Interest Rates Unchanged Through 2027 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales down 4.4 percent in April. Private sector credit up 4.8 percent.
- Japan: Vehicle production up 3.8 percent y/y in April.
Upcoming:
- Japan: Housing starts, construction orders, and consumer confidence reports will be released at 5:00 GMT.
- Germany: Import price inflation report will be released at 6:00 GMT, along with May retail sales report, and followed by unemployment report at 8:00 GMT.
- France: PPI inflation report will be released at 6:45 GMT.
- Switzerland: KOF leading indicator will be updated at 7:00 GMT.
- Spain: April current account balance report will be released at 8:00 GMT.
- United Kingdom: Q1 GDP report will be released at 8:30 GMT, along with the lending report, and money supply numbers.
- Eurozone: CPI inflation report will be released at 9:00 GMT.
- United States: Personal income and spending report will be released at 12:30 GMT, followed by Michigan consumer sentiment report.
- Canada: Industrial product and raw material price report will be released at 12:30 GMT, along with April GDP report.
