Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
BOJ Faces Pressure for Clarity, but Neutral Rate Estimates Likely to Stay Vague 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Upcoming:
- Germany: HICP inflation readings for April will be released at 6:00 GMT, along with first quarter flash GDP report.
- Japan: Machine tools orders report will be released at 6:00 GMT.
- France: First quarter non-farm payroll report will be released in the first quarter.
- Spain: Flash HICP inflation report will be released at 7:00 GMT.
- Eurozone: Industrial production report for March will be released at 9:00 GMT.
- United States: Retail sales report for April will be released at 12:30 GMT. Consumer price inflation report will also be released at 12:30 GMT. Flash Michigan consumer sentiment report will be released at 14:00 GMT.
