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 declined to 1.3 percent y/y in Q1 2019 from 1.8 percent and trimmed mean CPI declined to 1.6 percent.
Upcoming:
- France: April business climate report due at 6:45 GMT.
- Germany: IFO survey report due at 8:00 GMT. Likely to trigger volatility in euro.
- Italy: Trade balance report due at 8:00 GMT.
- Switzerland: ZEW survey report due at 8:00 GMT.
- United Kingdom: Public sector borrowing report due at 8:30 GMT.
- United States: MBA mortgage report due at 11:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT.
- Canada: BoC will announce the rate decision at 14:00 GMT.
- Auction: U.S. will auction 5-year note at 17:00 GMT.