Not many economic data and events scheduled for today but some with high volatility risks associated.
Upcoming:
- Germany: HICP inflation readings for April will be released at 6:00 GMT, along with first quarter flash GDP report.
- Japan: Machine tools orders report will be released at 6:00 GMT.
- France: First quarter non-farm payroll report will be released in the first quarter.
- Spain: Flash HICP inflation report will be released at 7:00 GMT.
- Eurozone: Industrial production report for March will be released at 9:00 GMT.
- United States: Retail sales report for April will be released at 12:30 GMT. Consumer price inflation report will also be released at 12:30 GMT. Flash Michigan consumer sentiment report will be released at 14:00 GMT.


Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks
Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month
EU and CPTPP Nations Push for Landmark Digital Trade Agreement
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 



