Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
Eurozone Bond Yields Fall as Oil Slump Eases Inflation Fears Ahead of Central Bank Meetings 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Australia Inflation Cools as Core CPI Misses Forecasts, Easing RBA Rate Hike Pressure 
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Not many of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- New Zealand: Credit card spending rose up 7 percent y/y in April.
Upcoming:
- Eurozone: EU will release financial stability review at 8:00 GMT.
- OPEC: OPEC meeting is scheduled for today.
- United States: Chicago Fed national activity report will be released at 12:30 GMT. FOMC member Bostic is set for a speech at 16:15 GMT, Harker at 18:05 GMT, and Kashkari at 21:30 GMT.
- Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT.
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