Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: House prices in Australia rose by 2.2 percent in the first quarter, up 10.2 percent from a year ago.
Upcoming:
- Switzerland: SECO will release economic forecasts today. SNB Chairman Jordon is scheduled to speak at 8:45 GMT.
- Germany: Producer price inflation report will be released today at 6:00 GMT.
- United Kingdom: BoE Governor Carney is scheduled to speak at 7:30 GMT.
- Greece: April current account balance will be released at 8:00 GMT.
- Eurozone: Current account report for April will be published at 8:00 GMT.
- United States: Fed’s Stanley Fischer is scheduled to speak today at 12:00 GMT. Kaplan is scheduled to speak at 19:00 GMT. Current account details will be published at 12:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- Japan: BoJ will release monetary policy minutes today.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT. Spain will auction 3-month and 9-month bonds today.
