Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data 
Silver Prices Hit Record High as Safe-Haven Demand Surges Amid U.S. Economic Uncertainty 
Dollar Holds Firm Ahead of Global Central Bank Decisions as Yen, Sterling and Euro React 
Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- China: GDP grew by 1.3 percent in the first quarter, up 6.9 percent from a year ago. Industrial production grew by 7.6 percent y/y in February, and retail sales grew by 10.9 percent.
Upcoming:
- Japan: BoJ governor Kuroda is scheduled to speak at 6:15 GMT.
- Germany: Bundesbank will release the monthly report at 12:00 GMT.
- United States: New York empire state manufacturing index will be reported at 12:30 GMT. NAHB housing market index for April will be updated at 14:00 GMT. Treasury will release details of flow till February around 20:00 GMT.
Auction: U.S. will auction 3-month and 6-month bills at 15:30 GMT.
