Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
RBA Signals More Rate Hikes as Inflation Risks Rise 
Asian Stocks Plunge as AI Chip Selloff Hits South Korea and Japan 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
RBI Rate Hike Bets Surge as Inflation Rises 
Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI 
Fed Minutes Signal Another Rate Hike by Year-End 
Nasdaq Falls as Oil Prices Surge Ahead of Bank Earnings 
Wall Street Ends Mixed as Investors Await CPI and Bank Earnings 
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 
Add as a preferred source on Google
Lots of economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Consumer price inflation rose by 1.2 percent y/y in April. Producer price inflation is up 6.4 percent.
Upcoming:
- Japan: Coincident index and leading economic index will be updated at 5:00 GMT.
- France: Trade balance for March will be reported at 6:45 GMT, along with Industrial output data and current account balance.
- Italy: Italy will release March Industrial output report at 8:00 GMT.
- Greece: Industrial production report for March will be reported at 9:00 GMT, along with consumer price inflation report.
- Portugal: March trade balance report will be released at 10:00 GMT, along with first quarter unemployment report.
- United States: MBA mortgage applications report will be released at 11:00 GMT, followed by terms of trade for April. EIA will release weekly crude oil inventory report at 14:30 GMT. Fed’s Rosengren is scheduled to speak at 16:00 GMT. April budget details will be reported at 18:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 21:00 GMT.
- Japan: March trade balance report will be released at 23:50 GMT.
- Auction: U.S. will auction 10-year note at 17:00 GMT.
