Few 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 up 4.5 percent y/y in April.
- Australia: In his speech governor Lowe confirmed RBA’s easing bias.
Upcoming:
- United Kingdom: CBI industrial trend survey report will be released at 10:00 GMT.
- United States: Existing home sales report due at 14:00 GMT. Fed’s Evans’ speech at 14:45 GMT, and Rosengren’s at 16:00 GMT.
- New Zealand: Q1 retail sales report due at 22:45 GMT. Global dairy auction is scheduled today.
- Japan: Machinery orders and trade balance reports will be published at 23:50 GMT.


Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty
RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge
ANZ and Westpac Forecast Two RBA Rate Hikes in March and May 2026 



