Guide to today’s important data and events

Lot many economic dockets scheduled with high risk associated along with speeches from Central Bankers.

Data released so far -

• China - Conference board leading economic index improved to 1.1 in April from 0.2.

• Japan - Bank of Japan (BOJ) kept monetary policy on hold.

Upcoming -

• Germany - Germany will declare first quarter GDP growth at 6:00 GMT, followed by IFO business climate at 8:00 GMT.

• France - France will release business climate report for May at 6:45 GMT.

• Italy - Italy will release industrial orders and sales for March at 8:00 GMT, followed by retail sales at 9:00 GMT.

• Euro zone - ECB president Mari Draghi is scheduled to speak at 13:30 GMT at Policy Panel at ECB Forum on Central Banking "Inflation and Unemployment in Europe" in Sintra, Portugal. Introductory speech is scheduled at 8:00 GMT.

• UK - Bank of England will declare private sector net borrowing details at 8:30 GMT. Bank of England governor Mark Carney is scheduled to speak at 13:30 GMT.

• US - Most vital piece of docket to be released today. US CPI details are scheduled for release at 12:30 GMT for April. FED Governor Janet Yellen is scheduled to speak at 17:00 GMT.

• Canada - Lot of economic dockets to be released today. Both consumer price index and retail sales for month of April is scheduled at 12:30 GMT.

• Japan - Bank of Japan (BOJ) governor Kuroda is scheduled to speak at 13:30 GMT.