South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
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.
