MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- China: Fixed asset investments up 7 percent y/y in March. Industrial production rose by 7 percent y/y in March. Retail sales grew 9.4 percent y/y.
Upcoming:
- Germany: Q1 GDP report will be released at 6:00 GMT, followed by ZEW survey report at 9:00 GMT.
- France: Consumer price inflation report will be released at 6:45 GMT, along with Q1 nonfarm payrolls report.
- Switzerland: April producer price inflation report will be published at 7:15 GMT.
- United Kingdom: ILO unemployment report will be released at 8:30 GMT.
- Eurozone: Q1 GDP report will be released at 9:00 GMT, along with ZEW survey report.
- United States: FOMC member Kaplan is set for a speech at 12:00 GMT. New York empire state manufacturing report will be released at 12:30 GMT, along with retail sales, and followed by NAHB housing market report at 14:00 GMT. FOMC member Williams is set for a speech at 17:00 GMT
- Japan: Q1 GDP report will be released at 23:50 GMT.
FxWirePro launches Absolute Return Managed Program. For more details, visit http://www.fxwirepro.com/invest
