Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Japan: Eco-Watchers survey report will be released at 5:00 GMT.
- Germany: Wholesale inflation numbers will be reported at 6:00 GMT.
- Switzerland: Consumer price inflation report will be released at 7:15 GMT for the month of April.
- Eurozone: European Central Bank (ECB) will release economic bulletin at 8:00 GMT.
- United Kingdom: Industrial and manufacturing production numbers will be reported at 8:30 GMT, along with March trade balance figures. The Bank of England (BoE) will announce interest rate decision at 11:00 GMT and will release quarterly inflation report. NIESR will release GDP estimate for three months to April.
- Greece: February unemployment report will be released at 9:00 GMT.
- Portugal: Consumer price inflation report for April will be released at 10:00 GMT.
- United States: Fed’s Dudley is scheduled to speak at 10:25 GMT. Producer price inflation report will be released at 12:30 GMT, along with weekly jobless claims report. Fed’s Evans is scheduled to speak at 13:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- Canada: New house price index will be updated at 12:30 GMT.
- New Zealand: Business PMI report will be released at 22:30 GMT.
- Auction: U.S. will auction 30-year note at 17:00 GMT.


Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed
Deutsche Bank CEO Urges Faster German Economic Reforms
UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports
RBA Signals More Rate Hikes as Inflation Risks Rise
Oil Prices Fall as Russia Signals Higher Diesel Exports
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns
Gold Prices Rebound as Dollar Weakens Ahead of US Inflation Data
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 



