Fed Rate Cut Odds Rise as December Decision Looks Increasingly Divided 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves 
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI rose to 52.5 in April.
- China: Caixin manufacturing PMI rose to 51.1 in April.
Upcoming:
- Switzerland: SECO consumer climate report will be released at 5:45 GMT, followed by retail sales report at 7:15 GMT, and SVME PMI report at 7:30 GMT.
- Spain: Markit manufacturing report will be released at 7:15 GMT.
- Italy: Markit manufacturing report will be released at 7:45 GMT, followed by unemployment report at 8:00 GMT, and first quarter GDP report at 9:00 GMT.
- France: Markit manufacturing report will be released at 7:50 GMT.
- Germany: Markit manufacturing report will be released at 7:55 GMT. Bundesbank President Weidmann is set for a speech at 15:30 GMT.
- Eurozone: Markit manufacturing report will be released at 8:00 GMT, and first quarter GDP report at 9:00 GMT. Unemployment report will also be published at 9:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by ADP employment report at 12:15 GMT, and ISM New York report at 13:45 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will announce monetary policy decision at 18:00 GMT.
- Australia: AiG performance of services report will be published at 23:30 GMT.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
