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.


South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
China Holds Loan Prime Rates Steady in January as Market Expectations Align 



