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Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: CPI inflation up 1.9 percent y/y, so is RBA trimmed mean CPI.
Upcoming:
- Switzerland: March trade balance report will be released at 6:00 GMT.
- France: April business climate report will be released at 6:45 GMT.
- Germany: IFO sentiment reports will be released at 8:00 GMT.
- Italy: Business and consumer confidence reports will be released at 8:00 GMT, followed by trade balance report at 10:00 GMT.
- United Kingdom: Public sector borrowing report will be released at 8:30 GMT, followed by Industrial trends survey report at 10:00 GMT.
- United States: S&P/Case-Shiller house price report will be released at 13:00 GMT, followed by new home sales report 14:00 GMT. Richmond Fed manufacturing report will be released at 14:00 GMT.
- Japan: Corporate Service price report will be released at 23:50 GMT.
- Auction: U.S. will auction 1-month and 12-month bills at 15:30 GMT, 2-year note at 17 GMT.
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