US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Asian Currencies Hold Steady as Strong U.S. Inflation Data Boosts Dollar 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit 
Gold Prices Hold Steady as Investors Monitor U.S.-Iran Tensions and Trump-Xi Summit 
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
Trump Says Iran Ceasefire ‘On Life Support’ as Oil Prices Surge Above $104 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- OPEC and N-OPEC meetings scheduled today. Outcome expected at 15:00 GMT.
- Spain: First quarter GDP report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by April trade balance report at 9:00 GMT.
- United Kingdom: first quarter flash GDP numbers will be published at 8:30 GMT. Business investment report for the first quarter will be published at 9:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with goods trade balance for April. Kansas Fed manufacturing report will be published at 15:00 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC member Brainard is scheduled to speak at 14:00 GMT.
- Japan: Tokyo and National CPI reports will be published at 23:30 GMT.
