Governments have been able to overrule the Reserve Bank for 80 years. Why stop now? 
Supporting ‘democracy’ is hard for many who feel government and the economy are failing them 
Why central banks should stop raising interest rates 
Sure, the RBA froze interest rates on Tuesday, but there's plenty of pain to come 
The budget is full of good news, but good news isn’t the same as good management 
As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Extraordinary Vietnam fraud case exposes the inherent vulnerabilities of banks 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- France: Emmanuel Macron beats Le Pen to Presidency.
Upcoming:
- China: Trade balance numbers for April will be released today.
- Australia: National Australia Bank’s business confidence and conditions report will be released at 1:30 GMT, along with Building permits report.
- Germany: factory orders report will be released at 6:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT.
- Eurozone: Sentix investor confidence report will be published at 8:00 GMT.
- United States: FOMC’s Loretta Mester and James Bullard are scheduled to speak at 10:45 GMT and 12:35 GMT respectively. Labor market condition index will be updated at 14:00 GMT.
- Canada: Housing starts data will be published at 12:15 GMT. BoC will release its review report at 14:30 GMT.
