Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns 
Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision 
S&P 500, Nasdaq Futures Rise as Iran Risks and CPI Loom 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets 
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.
