Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
BlackRock’s Rick Rieder Favors Bonds Over Stocks as Treasury Yields Surge 
Oil Prices Fall as Trump Ceasefire Claim Shifts Market Focus to U.S. CPI 
Global Stocks Mixed as Oil Falls Ahead of US Earnings 
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
Oil Prices Surge Above $106 After Deadly Saudi Airport Attack 
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Lots of economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- OPEC and N-OPEC meetings scheduled today. Outcome expected at 15:00 GMT.
- Spain: First quarter GDP report will be released at 7:00 GMT.
- Italy: Industrial sales and orders report will be released at 8:00 GMT, followed by April trade balance report at 9:00 GMT.
- United Kingdom: first quarter flash GDP numbers will be published at 8:30 GMT. Business investment report for the first quarter will be published at 9:30 GMT.
- United States: Weekly jobless claims report will be published at 12:30 GMT, along with goods trade balance for April. Kansas Fed manufacturing report will be published at 15:00 GMT. EIA will release weekly inventory report at 14:30 GMT. FOMC member Brainard is scheduled to speak at 14:00 GMT.
- Japan: Tokyo and National CPI reports will be published at 23:30 GMT.
