Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Iran Allows Oil Tankers Through Strait of Hormuz Amid U.S. Negotiations 
Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Asian Currencies Hold Steady as Dollar Stays Firm Amid Middle East Uncertainty 
France's 2025 Budget Deficit Shrinks More Than Expected, Easing Fiscal Pressure 
Bank of Japan Unveils New Inflation Gauge to Support Case for Future Rate Hikes 
U.S. Stocks Tumble as Iran Peace Deal Uncertainty Spooks Markets 
China Opens Door to Stronger U.S. Trade Ties Amid Rising Tensions 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
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.
