Sizable economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Construction work in Q1 declined 1.9 percent.
Upcoming:
- United States: FOMC member Bullard set for a speech at 5:00 GMT. MBA mortgage report due at 11:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting 18:00 GMT.
- Eurozone: Eurozone President Draghi’s speech due at 7:30 GMT, and Peter Praet at 9:30 GMT.
- United Kingdom: April CPI, PPI, WPI, and HPI inflation report to be released at 8:30 GMT.
- Canada: March retail sales report due at 12:30 GMT.


Singapore Maintains Steady Monetary Outlook as Positive Output Gap Persists into 2025
BOJ Signals Possible December Rate Hike as Yen Weakness Raises Inflation Risks
RBA Signals Possible Rate Implications as Inflation Proves More Persistent
Japan’s Finance Minister Signals Alignment With BOJ as Rate Hike Speculation Grows
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity
UK Raises Deposit Protection Limit to £120,000 to Strengthen Saver Confidence 



