Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
South Korea’s Weak Won Struggles as Retail Investors Pour Money Into U.S. Stocks 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales declined by 1.1 percent in March. Trade balance for March came at $3.1 billion. Exports grew by 2 percent and import grew by 5 percent.
- China: Caixin services PMI for April declines to 51.5
Upcoming:
- Switzerland: SECO consumer climate report will be released at 5:45 GMT.
- Spain: unemployment change report for April will be published at 7:00 GMT, followed by services PMI report at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Services PMI report will be released at 7:50 GMT.
- Germany: Services PMI report will be released at 7:55 GMT.
- Eurozone: Services PMI report will be released at 8:00 GMT, followed by retail sales report at 9:00 GMT. ECB President Draghi is scheduled to speak at 16:30 GMT.
- United Kingdom: Consumer lending report, money supply report will be released at 8:30 GMT, along with services PMI report.
- United States: Challenger Jobs report will be published at 11:30 GMT, followed by trade balance report for March at 12:30 GMT, along with weekly jobless claims report and non-farm productivity report. Factory orders numbers will be published at 14:00 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Canada: Trade balance report for March will be published at 12:30 GMT. BoC governor Poloz is scheduled to speak at 20:25 GMT.
- Auction: Germany will auction 10-year bond today.
