Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms 
Oil Prices Surge Amid Middle East Tensions as Houthi Attacks Escalate Conflict 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations rose to 4.1 percent in April. Unemployment remained same at 5.9 percent despite 0.2 percent increase in the participation as economy adds 60,900 jobs.
- China: In March, trade balance came at $23.93 billion. Exports rose by 16.4 percent y/y and imports up by 20.3 percent y/y.
Upcoming:
- Germany: Consumer price inflation report will be released at 6:00 GMT.
- France: Consumer price inflation report will be released at 6:45 GMT.
- Switzerland: Producer and import price data for March will be updated at 7:15 GMT.
- Italy: Consumer price inflation report will be released at 8:00 GMT.
- United Kingdom: BoE will release credit conditions survey at 8:30 GMT.
- United States: producer price inflation report for March will be released at 12:30 GMT, along with weekly jobless claims report. Michigan consumer sentiment report will be published at 14:00 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, along with February manufacturing shipments report. BoC governor Poloz is scheduled to speak at 14:30 GMT.
