RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
DOJ Ends Probe Into Fed Chair Jerome Powell, Boosting Kevin Warsh Confirmation Prospects 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Japan: Eco-Watchers survey report will be released at 5:00 GMT.
- Germany: Wholesale inflation numbers will be reported at 6:00 GMT.
- Switzerland: Consumer price inflation report will be released at 7:15 GMT for the month of April.
- Eurozone: European Central Bank (ECB) will release economic bulletin at 8:00 GMT.
- United Kingdom: Industrial and manufacturing production numbers will be reported at 8:30 GMT, along with March trade balance figures. The Bank of England (BoE) will announce interest rate decision at 11:00 GMT and will release quarterly inflation report. NIESR will release GDP estimate for three months to April.
- Greece: February unemployment report will be released at 9:00 GMT.
- Portugal: Consumer price inflation report for April will be released at 10:00 GMT.
- United States: Fed’s Dudley is scheduled to speak at 10:25 GMT. Producer price inflation report will be released at 12:30 GMT, along with weekly jobless claims report. Fed’s Evans is scheduled to speak at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: New house price index will be updated at 12:30 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
- Auction: U.S. will auction 30-year note at 17:00 GMT.
