RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
US-India Trade Bombshell: Tariffs Slashed to 18% — Rupee Soars, Sensex Explodes 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Spain: retail sales report will be released at 7:00 GMT.
- Switzerland: 1st quarter employment numbers will be released at 7:15 GMT.
- Eurozone: Money supply and private loans for April will be released at 8:00 GMT. ECB President Draghi is scheduled to speak at 13:00 GMT.
- Italy: Trade balance report will be published at 9:00 GMT.
- Japan: Unemployment report for April will be published at 23:30 GMT, followed by retail sales report at 23:50 GMT.
