Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Upcoming:
- Germany: March trade balance report due at 6:00 GMT.
- France: March industrial output and non-farm payrolls report to be released at 6:45 GMT.
- Italy: April industrial output numbers will be released at 8:00 GMT, followed by March retail sales at 9:00 GMT.
- United Kingdom: Q1 flash GDP report will be released at 8:30 GMT, along with March trade balance and industrial production report.
- United States: CPI inflation report due at 12:30 GMT. Fed’s Brainard set for a speech at 12:30 GMT, and Bostic at 13:00 GMT.
- Canada: April unemployment report to be released at 12:30 GMT, along with March building permits report.


RBI Uses $10 Billion Currency Swaps to Drain Excess Rupee Liquidity
ECB May Stop Rate Hikes After December, Capital Economics Says
Fed Rate Hike Threatens Housing as U.S. Growth Leans on AI, Citi Says
BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise 



