Sizable economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: TD Securities inflation index up 0.2 percent m/m in April.
- China: Caixin services PMI rose to 54.5 in April from 54.4 in March.
Upcoming:
- Spain: Markit services PMI report will be released at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Markit services PMI report will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Markit services PMI report will be released at 8:00 GMT. Sentix investor confidence report due at 8:30 GMT, followed by retail sales report at 9:00 GMT.
- United States: Fed’s Harker s set for a speech at 13:30 GMT.
- Canada: BoC governor Poloz set for a speech at 17:45 GMT.
- Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT.


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