Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI declined to 52.2 in April compared to 52.9 previous.
- China: Caixin manufacturing PMI declines to 50.3 in April.
Upcoming:
- Australia: Reserve Bank of Australia will announce monetary policy decision at 4:30 GMT.
- Spain: Markit manufacturing PMI for April will be released at 7:15 GMT.
- Switzerland: SVME PMI for April will be released at 7:30 GMT.
- Italy: Markit manufacturing PMI for April will be released at 7:45 GMT.
- France: Markit manufacturing PMI for April will be released at 7:50 GMT.
- Germany: Markit manufacturing PMI for April will be released at 7:55 GMT.
- Greece: Markit manufacturing PMI for April will be released at 8:00 GMT.
- Eurozone: Markit manufacturing PMI for April will be released at 8:00 GMT, followed by unemployment report for March.
- United Kingdom: Markit manufacturing PMI for April will be released at 8:30 GMT. BRC shop price report will be released at 23:00 GMT.
- Australia: Budget report will be released at 9:30 GMT.
- United States: Redbook index will be updated at 12:55 GMT, followed by total vehicle sales at 19:30 GMT.
- New Zealand: Employment report for the first quarter will be released at 22:45 GMT. The global auction is scheduled today.
- Auction: U.S. will auction 1-month bills at 15:30 GMT.


Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 



