Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
New Zealand Budget 2026 Focuses on Fiscal Discipline and Infrastructure Investment 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Dollar Surges as Inflation Data Fuels Fed Rate Hike Expectations 
US-China Trade Talks Begin in South Korea Ahead of Trump-Xi Beijing Summit 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Oil Prices Hold Above $100 as Trump-Xi Meeting and Iran Conflict Keep Markets on Edge 
Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- The 43rd G7 summit begins today in Italy.
- United States: Fed’s Bullard is scheduled to speak at 6:45 GMT. First quarter flash GDP numbers will be released at 12:30 GMT, along with durable goods orders and followed by Michigan consumer sentiment report at 14:00 GMT.
- Italy: Consumer and business confidence reports for May will be published at 8:00 GMT.
