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 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
U.S. Prosecutors Investigate Fed Chair Jerome Powell Over Headquarters Renovation 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up 2.1 percent y/y in March.
Upcoming:
- France: March industrial output report will be released at 6:45 GMT.
- Spain: March industrial output report will be released at 7:00 GMT.
- Italy: March retail sales report will be released at 8:00 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by PPI inflation report at 12:30 GMT. FOMC member Bostic set for a speech at 17:15 GMT.
- Canada: Building permits report will be released at 12:15 GMT.
- New Zealand: RBNZ will announce interest rate decision at 21:00 GMT, followed by the press conference at 22:00 GMT.
- United Kingdom: RICS house price balance report will be released at 23:00 GMT, along with BRC retail sales report.
- Japan: Trade balance and bank lending report will be released at 23:50 GMT.
- Auction: Germany will auction 30-year bond today. The United Kingdom will auction 10-year bond. U.S. will auction 10-year bond at 17:00 GMT.
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