Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Bank of Japan Holds Rates Steady Amid Inflation Concerns and Yen Weakness 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Lots of economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales down 4.4 percent in April. Private sector credit up 4.8 percent.
- Japan: Vehicle production up 3.8 percent y/y in April.
Upcoming:
- Japan: Housing starts, construction orders, and consumer confidence reports will be released at 5:00 GMT.
- Germany: Import price inflation report will be released at 6:00 GMT, along with May retail sales report, and followed by unemployment report at 8:00 GMT.
- France: PPI inflation report will be released at 6:45 GMT.
- Switzerland: KOF leading indicator will be updated at 7:00 GMT.
- Spain: April current account balance report will be released at 8:00 GMT.
- United Kingdom: Q1 GDP report will be released at 8:30 GMT, along with the lending report, and money supply numbers.
- Eurozone: CPI inflation report will be released at 9:00 GMT.
- United States: Personal income and spending report will be released at 12:30 GMT, followed by Michigan consumer sentiment report.
- Canada: Industrial product and raw material price report will be released at 12:30 GMT, along with April GDP report.
