Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic 
U.S. Stock Futures Rise as Investors Eye Big Tech Earnings and AI Momentum 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
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.
