Japan Declines Comment on BOJ’s Absence From Global Support Statement for Fed Chair Powell. Source: Asturio Cantabrio, CC BY-SA 4.0, via Wikimedia Commons 
New York Fed President John Williams Signals Rate Hold as Economy Seen Strong in 2026 
Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- France: Emmanuel Macron beats Le Pen to Presidency.
Upcoming:
- China: Trade balance numbers for April will be released today.
- Australia: National Australia Bank’s business confidence and conditions report will be released at 1:30 GMT, along with Building permits report.
- Germany: factory orders report will be released at 6:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT.
- Eurozone: Sentix investor confidence report will be published at 8:00 GMT.
- United States: FOMC’s Loretta Mester and James Bullard are scheduled to speak at 10:45 GMT and 12:35 GMT respectively. Labor market condition index will be updated at 14:00 GMT.
- Canada: Housing starts data will be published at 12:15 GMT. BoC will release its review report at 14:30 GMT.
