RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Canada Stocks Steady as Markets Await Fed and BoC Decisions 
ECB Signals Steady Rates Ahead as Policymakers Warn of Inflation Risks 
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 
Hong Kong Cuts Base Rate as HKMA Follows U.S. Federal Reserve Move 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Australia: Consumer inflation expectations for May came at 4 percent. The unemployment rate declined to 5.7 percent as 37,400 jobs added in April.
Upcoming:
- United Kingdom: retail sales report for April will be published at 8:30 GMT.
- Portugal: Current account balance for March will be reported at 10:00 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with Philadelphia Fed manufacturing survey. EIA will release weekly natural gas inventory report at 14:30 GMT. FOMC’s Mester will speak at 17:15 GMT.
- Eurozone: ECB President Draghi’s speech is scheduled today at 17:00 GMT.
- Japan: Flash first quarter report will be released at 23:50 GMT.
- Auction: Germany will auction 30-year bonds today.
