Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Yen Near 40-Year Lows Despite BOJ Rate Hike, Markets Brace for Possible Intervention 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Gold Price Rises as Investors Weigh U.S.-Iran Talks and Fed Policy Outlook 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
Oil Prices Drop as U.S.-Iran Talks Ease Supply Concerns 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales declined by 1.1 percent in March. Trade balance for March came at $3.1 billion. Exports grew by 2 percent and import grew by 5 percent.
- China: Caixin services PMI for April declines to 51.5
Upcoming:
- Switzerland: SECO consumer climate report will be released at 5:45 GMT.
- Spain: unemployment change report for April will be published at 7:00 GMT, followed by services PMI report at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Services PMI report will be released at 7:50 GMT.
- Germany: Services PMI report will be released at 7:55 GMT.
- Eurozone: Services PMI report will be released at 8:00 GMT, followed by retail sales report at 9:00 GMT. ECB President Draghi is scheduled to speak at 16:30 GMT.
- United Kingdom: Consumer lending report, money supply report will be released at 8:30 GMT, along with services PMI report.
- United States: Challenger Jobs report will be published at 11:30 GMT, followed by trade balance report for March at 12:30 GMT, along with weekly jobless claims report and non-farm productivity report. Factory orders numbers will be published at 14:00 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Canada: Trade balance report for March will be published at 12:30 GMT. BoC governor Poloz is scheduled to speak at 20:25 GMT.
- Auction: Germany will auction 10-year bond today.
