S&P 500 Rises as AI Stocks and Small Caps Rally on Strong Earnings Outlook 
Gold and Asian Stocks Rebound as Market Volatility Eases and Global Sentiment Improves 
Stephen Miran Resigns as White House Economic Adviser Amid Federal Reserve Tenure 
Asian Currencies Strengthen as Indian Rupee and Australian Dollar Rally 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Dollar Steady as Fed Nomination and Japanese Election Shape Currency Markets 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
China Services PMI Hits Three-Month High as New Orders and Hiring Improve 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Trump Extends AGOA Trade Program for Africa Through 2026, Supporting Jobs and U.S.-Africa Trade 
BOJ Policymakers Warn Weak Yen Could Fuel Inflation Risks and Delay Rate Action 
Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Spain: retail sales report will be released at 7:00 GMT.
- Switzerland: 1st quarter employment numbers will be released at 7:15 GMT.
- Eurozone: Money supply and private loans for April will be released at 8:00 GMT. ECB President Draghi is scheduled to speak at 13:00 GMT.
- Italy: Trade balance report will be published at 9:00 GMT.
- Japan: Unemployment report for April will be published at 23:30 GMT, followed by retail sales report at 23:50 GMT.
