Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Spain: unemployment change report for April will be published at 7:00 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. First quarter flash GDP numbers and producer price inflation numbers for March will be published at 9:00 GMT.
- Germany: Unemployment change report will be released at 7:55 GMT.
- United Kingdom: Construction PMI for April will be released at 8:30 GMT.
- United States: MBA mortgage application numbers will be published at 11:00 GMT, followed by the release of ADP employment report at 12:15 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI at 14:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT. FOMC will announce interest rate decision at 18:00 GMT.
- Auction: Germany will auction 10-year bond today.


Oil Prices Fall as Saudi Supply Concerns Ease
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade
European Stocks Rally After Fed Hike, Iran Peace Hopes
China Boosts Gold Reserves by 650,000 Ounces as Prices Rally
Wall Street Mixed as Treasury Yields Rise After Fed Hike
Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed
Central Banks Could Buy 20,000 Tonnes of Gold: BofA
Bank of England Sees Surge in Higher-Risk Collateral
Asian Chip Stocks Rally as Treasury Yields Ease
Yen Sinks as BOJ Rate Hike Fails to Impress Markets
BOJ Set for 25-Basis-Point Rate Hike as Yen Weakness Fuels Inflation 



