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.


Canada, British Columbia Launch $5 Billion Infrastructure Partnership to Boost Housing, Transit, and Healthcare
Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention
Goldman Sachs Sees Fed Holding Interest Rates Steady Until 2027
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says
100+ Global Companies Push Governments to Prioritize Electrification for Economic Growth
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures
Trump Questions USMCA Renewal as Trade Talks Continue
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks
Trump Says No Hormuz Strait Tolls During 60-Day Iran Ceasefire
US Stock Futures Slip After Wall Street Rally Fueled by US-Iran Deal and Chipmaker Surge 



