Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Trump Pushes China Market Access During High-Stakes Xi Summit 
ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Oil Prices Hold Above $100 as Trump-Xi Meeting and Iran Conflict Keep Markets on Edge 
Gold Prices Steady Ahead of Trump-Xi Meeting as Inflation and Oil Concerns Persist 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
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.
