Sizable economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Construction work in Q1 declined 1.9 percent.
Upcoming:
- United States: FOMC member Bullard set for a speech at 5:00 GMT. MBA mortgage report due at 11:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting 18:00 GMT.
- Eurozone: Eurozone President Draghi’s speech due at 7:30 GMT, and Peter Praet at 9:30 GMT.
- United Kingdom: April CPI, PPI, WPI, and HPI inflation report to be released at 8:30 GMT.
- Canada: March retail sales report due at 12:30 GMT.


Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 



