BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
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 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: GDP grew 0.3 percent in the first quarter, up 1.7 percent from a year ago.
Upcoming:
- Japan: Leading economic index and coincident index will be published at 5:00 GMT.
- Germany: Factory orders report for April will be released at 6:00 GMT.
- Spain: Industrial output report for April will be released at 7:00 GMT.
- Switzerland: April Forex reserve will be announced at 7:00 GMT.
- United Kingdom: Halifax house price report will be released at 7:30 GMT and RICS house price balance report will be released at 23:00 GMT.
- Italy: Retail sales report for April will be published at 8:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by TIPP economic optimism at 14:00 GMT. EIA will release weekly crude oil inventory at 14:30 GMT.
- Japan: 1st quarter GDP report will be released at 23:50 GMT, along with trade balance report for April.
