RBA Set for September Rate Hike as Inflation Stays High 
Yen Sinks as BOJ Rate Hike Fails to Impress Markets 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
BOJ Raises Interest Rate to 31-Year High as Yen Weakens 
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Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: March trade balance came at $1.527 billion. Building permits grew 2.6 percent in March, up 14.5 percent.
Upcoming:
- Spain: April unemployment change report will be released at 8:00 GMT.
- United Kingdom: Markit services PMI report will be released at 8:30 GMT.
- Eurozone: Flash CPI inflation report for the month of April will be released at 9:00 GMT, along with March PPI inflation report. ECB’s Praet is set for a speech at 11:00 GMT, Constancio at 12:00 GMT, and Coeure at 12:30 GMT.
- United States: Challenger Jobs report will be released at 11:30 GMT. March trade balance report will be released at 12:30 GMT, along with weekly jobless claims report, nonfarm productivity report and Unit Labor costs report. ISM non-manufacturing report will be released at 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT.
- Canada: Trade balance report will be released at 12:30 GMT.
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