Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
India Services Sector Rebounds in January as New Business Gains Momentum: HSBC PMI Shows Growth 
South Korea Inflation Hits Five-Month Low as CPI Reaches Central Bank Target 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits declined by 17.2 percent in April from a year ago, but up 4.4 percent on a monthly basis.
Upcoming:
- Germany: Import price index will be updated at 6:00 GMT.
- France: 1st quarter GDP and consumer spending reports will be released at 6:45 GMT.
- Spain: HICP inflation report will be published at 7:00 GMT.
- Switzerland: KOF leading indicator for May will be updated at 7:00 GMT.
- Italy: Producer price inflation report will be published at 8:00 GMT, followed by consumer and business confidence reports at 8:30 GMT.
- Greece: producer price inflation report for April will be published at 9:00 GMT.
- Eurozone: Sentiment reports will be published at 9:00 GMT.
- Germany: HICP inflation reports will be released at 12:00 GMT.
- United States: Personal income and spending details will be updated at 12:30 GMT, followed by S&P/Case-Shiller home price report at 13:00 GMT and Dallas Fed manufacturing index at 14:30 GMT.
- New Zealand: RBNZ will release financial stability report at 21:00 GMT.
- United Kingdom: GFK consumer confidence report and BRC shop price report will be published at 23:00 GMT.
- Japan: Flash industrial production numbers for April will be published at 23:50 GMT.
- Auction: U.S. will auction 1-month, 3-month, and 6-month bills at 15:30 GMT.
