Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
US, Japan Reaffirm Strong Currency Coordination Amid Yen Volatility 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
RBA Rate Hike Outlook: Impact on AUD/USD and ASX 200 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
Rubio Discusses Iran Crisis and Strait of Hormuz Disruptions With UK and Australia 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Producer price inflation grew by 1.3 percent in the first quarter from a year ago. Private sector credit grew 5 percent y/y in March.
- New Zealand: ANZ business confidence in April marginally declines to 11. ANZ activity outlook marginally declines to 37.7 percent.
- Japan: Housing starts grew by 0.2 percent in March, from a year ago. Construction orders grew by 1.1 percent from a year ago.
Upcoming:
- France: First quarter GDP numbers will be released at 5:30 GMT. Flash consumer price inflation for April, producer price inflation for March, and consumer spending data will be released at 6:45 GMT.
- Germany: Retail sales report and import price data for March will be released at 6:00 GMT.
- United Kingdom: Nationwide house price report will be released at 6:00 GMT. BBA mortgage report will be released at 8:30 GMT, along with first quarter flash GDP.
- Spain: Retail sales report and first quarter flash GDP report will be released at 7:00 GMT, followed by current account balance at 8:00 GMT.
- Switzerland: KOF leading indicator will be updated at 7:00 GMT. SNB chairman Jordon is scheduled to speak at 8:00 GMT.
- Eurozone: Money supply and loans report will be released at 8:00 GMT, followed by flash consumer price inflation report for April at 9:00 GMT.
- Italy: Consumer price inflation report will be released at 9:00 GMT. Producer price inflation report will be released at 10:00 GMT.
- Greece: Producer price inflation report for March will be released at 9:00 GMT.
- United States: First quarter GDP report will be released at 12:30 GMT. Chicago PMI report for April will be released at 13:45 GMT, followed by Michigan consumer sentiment report at 14:00 GMT.
- Canada: Raw material price and industrial product price report will be released at 12:30 GMT, along with February GDP numbers.
