Indian Rupee Strengthens Sharply After U.S.-India Trade Deal Announcement 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade 
S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
U.S. Stock Futures Edge Lower as Tech and AI Stocks Drag Wall Street Ahead of Key Earnings 
Bank of Korea Expected to Hold Interest Rates as Weak Won Limits Policy Easing 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Flash Nikkei manufacturing PMI came at 52 for May. All industry activity index declined 0.6 percent in March.
Upcoming:
- Germany: First quarter GDP report will be published at 6:00 GMT. Flash manufacturing and services PMI reports will be released at 7:30 GMT, followed by IFO survey reports at 8:00 GMT.
- Switzerland: April trade balance report will be released at 6:00 GMT.
- France: Flash manufacturing and services PMI reports will be released at 7:00 GMT.
- Eurozone: Flash manufacturing and services PMI reports will be released at 8:00 GMT. EU financial stability review report will be released at 9:00 GMT.
- United Kingdom: Public sector borrowing report will be released at 8:30 GMT. Bank of England (BoE) governor Mark Carney is scheduled to testify at parliament as part of inflation report hearings that will begin at 10:00 GMT. CBI trade survey report will also be released at 10:00 GMT.
- Canada: Wholesale sales report for March will be published at 12:30 GMT.
- United States: Redbook index reports will be published at 12:55 GMT, followed by flash manufacturing and services PMI at 13:45 GMT and new home sales report at 14:00 GMT, along with Richmond Fed manufacturing index. FOMC member Kashkari is scheduled to speak at 13:00 GMT and Harker at 21:00 GMT.
- New Zealand: Trade balance report for April will be released at 22:45 GMT.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT, followed by 2-year note at 17:00 GMT.
