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.


Asian Currencies Steady as Dollar Weakens After Treasury Bond Buybacks
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning
Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets
Gold Holds Near Two-Month High as Treasury Yields Fall
U.S. Public Debt Tops $40 Trillion for First Time
Asian Stocks Rise as Korea Tech Shares Rebound
Gold Holds Above $4,500 as Dollar Weakens
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
Trump Says Iran Talks Halted as Strait of Hormuz Dispute Fuels Oil Concerns 



