Oil Prices Rise as Trump Threatens Tougher Iran Economic Measures 
BOJ Minutes Signal More Rate Hikes as Inflation Risks Grow 
Trump Eyes 15% Tariff on Canadian Auto Imports in New Trade Deal 
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears 
Japan Inflation Rises, Boosting BOJ Rate Hike Bets 
Asian Stocks Rise as Korea Tech Shares Rebound 
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation 
Wall Street Gains as Treasury Yields Fall, Fed Minutes Signal Inflation Risks 
Chile Central Bank Holds Interest Rate at 4.5% as Inflation and Global Risks Persist 
Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief 
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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Westpac leading index declined 0.1 percent in April. Construction work done in the first quarter declined by 0.7 percent.
Upcoming:
- Japan: Leading economic index and coincident index will be updated at 5:00 GMT.
- Germany: GFK consumer confidence report will be published at 6:00 GMT.
- Switzerland: First quarter industrial production report will be released at 7:15 GMT.
- Eurozone: EU financial stability review report will be released at 9:00 GMT. ECB President Draghi’s speech is scheduled at 12:45 GMT.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by House price report at 13:00 GMT, and existing home sales report at 14:00 GMT. EIA will report crude oil inventory details at 14:30 GMT. FOMC will release minutes of meeting report at 18:00 GMT. FOMC member Kaplan is scheduled to speak at 22:00 GMT.
- Canada: Bank of Canada (BoC) will announce interest rate decision at 14:00 GMT.
