Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
BOJ Set for Rate Hike as Inflation and Yen Pressure Mount 
Iran Economic Crisis Forces Afghan Families to Return Home 
Australia GDP Beats Forecast, Boosting RBA Rate Hike Bets 
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade 
US Stock Futures Rally as Markets Digest Fed Rate Hike 
Japanese Yen Retreats as Dollar Rises Ahead of Fed, BOJ Rate Decisions 
Trump Hopes Iran War Nears End as Yemen Fighting Escalates 
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 
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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.
