MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
U.S. Urges Japan on Monetary Policy as Yen Volatility Raises Market Concerns 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI declined to 52.2 in April compared to 52.9 previous.
- China: Caixin manufacturing PMI declines to 50.3 in April.
Upcoming:
- Australia: Reserve Bank of Australia will announce monetary policy decision at 4:30 GMT.
- Spain: Markit manufacturing PMI for April will be released at 7:15 GMT.
- Switzerland: SVME PMI for April will be released at 7:30 GMT.
- Italy: Markit manufacturing PMI for April will be released at 7:45 GMT.
- France: Markit manufacturing PMI for April will be released at 7:50 GMT.
- Germany: Markit manufacturing PMI for April will be released at 7:55 GMT.
- Greece: Markit manufacturing PMI for April will be released at 8:00 GMT.
- Eurozone: Markit manufacturing PMI for April will be released at 8:00 GMT, followed by unemployment report for March.
- United Kingdom: Markit manufacturing PMI for April will be released at 8:30 GMT. BRC shop price report will be released at 23:00 GMT.
- Australia: Budget report will be released at 9:30 GMT.
- United States: Redbook index will be updated at 12:55 GMT, followed by total vehicle sales at 19:30 GMT.
- New Zealand: Employment report for the first quarter will be released at 22:45 GMT. The global auction is scheduled today.
- Auction: U.S. will auction 1-month bills at 15:30 GMT.
