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.


U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge
Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 



