Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: Building permits declined 5 percent in April, up 1.9 percent from a year ago.
Upcoming:
- Japan: Consumer confidence report will be released at 5:00 GMT.
- Germany: Import price inflation report will be released at 6:00 GMT, along with retail sales and followed by CPI inflation report 7:00 GMT and unemployment report at 8:00 GMT.
- Switzerland: KOF leading indicator will be updated at 7:00 GMT, followed by the release of ZEW survey at 8:00 GMT. SNB chairman Jordon is set for a speech at 14:45 GMT.
- Eurozone: Monthly sentiment reports will be released 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 Q1 GDP report at 12:30 GMT. Fed will release beige book report at 18:00 GMT.
- Canada: Industrial product and raw material price reports will be released at 12:30 GMT. BoC will announce rate decision at 14:00 GMT.
- Japan: Industrial production report will be released at 23:30 GMT.
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