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.


BOJ Holds Rates at 1% as Inflation Outlook Eases, October Rate Hike Still Possible
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 



