Time to buy local: war fuel price shocks reveal the folly of a long food supply chain 
WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
How the war in Iran is already affecting UK farmers and food production 
U.S. Stocks Tumble as Iran Peace Deal Uncertainty Spooks Markets 
Bank of Japan Signals Rate Flexibility Amid Yen Volatility 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Oil Prices Surge Past $100 as U.S.-Iran Peace Hopes Collapse 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
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.
