U.S. Stocks Tumble as Iran Peace Deal Uncertainty Spooks Markets 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
Gold Prices Rise Amid Geopolitical Tensions and Safe Haven Demand 
Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
RBA Raises Cash Rate to 4.10% in Closest Vote Since Transparent Voting Began 
RBA Set for Back-to-Back Rate Hikes, Westpac Forecasts 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Lots of economic data and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Building permits declined by 17.2 percent in April from a year ago, but up 4.4 percent on a monthly basis.
Upcoming:
- Germany: Import price index will be updated at 6:00 GMT.
- France: 1st quarter GDP and consumer spending reports will be released at 6:45 GMT.
- Spain: HICP inflation report will be published at 7:00 GMT.
- Switzerland: KOF leading indicator for May will be updated at 7:00 GMT.
- Italy: Producer price inflation report will be published at 8:00 GMT, followed by consumer and business confidence reports at 8:30 GMT.
- Greece: producer price inflation report for April will be published at 9:00 GMT.
- Eurozone: Sentiment reports will be published at 9:00 GMT.
- Germany: HICP inflation reports will be released at 12:00 GMT.
- United States: Personal income and spending details will be updated at 12:30 GMT, followed by S&P/Case-Shiller home price report at 13:00 GMT and Dallas Fed manufacturing index at 14:30 GMT.
- New Zealand: RBNZ will release financial stability report at 21:00 GMT.
- United Kingdom: GFK consumer confidence report and BRC shop price report will be published at 23:00 GMT.
- Japan: Flash industrial production numbers for April will be published at 23:50 GMT.
- Auction: U.S. will auction 1-month, 3-month, and 6-month bills at 15:30 GMT.
