Asian Markets Wobble as AI Fears Rattle Stocks, Oil and Gold Rebound 
MAS Holds Monetary Policy Steady as Strong Growth Raises Inflation Risks 
Australian Scandium Project Backed by Richard Friedland Poised to Support U.S. Critical Minerals Stockpile 
Bank of Japan Likely to Delay Rate Hike Until July as Economists Eye 1% by September 
Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Trump Administration Sued Over Suspension of Critical Hudson River Tunnel Funding 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Spain: unemployment change report for April will be published at 7:00 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. First quarter flash GDP numbers and producer price inflation numbers for March will be published at 9:00 GMT.
- Germany: Unemployment change report will be released at 7:55 GMT.
- United Kingdom: Construction PMI for April will be released at 8:30 GMT.
- United States: MBA mortgage application numbers will be published at 11:00 GMT, followed by the release of ADP employment report at 12:15 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI at 14:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT. FOMC will announce interest rate decision at 18:00 GMT.
- Auction: Germany will auction 10-year bond today.
