Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- The 43rd G7 summit begins today in Italy.
- United States: Fed’s Bullard is scheduled to speak at 6:45 GMT. First quarter flash GDP numbers will be released at 12:30 GMT, along with durable goods orders and followed by Michigan consumer sentiment report at 14:00 GMT.
- Italy: Consumer and business confidence reports for May will be published at 8:00 GMT.


RBA Set for September Rate Hike as Inflation Stays High
RBI Rate Hike Bets Surge as Inflation Rises
Fed Unveils Stablecoin Rules Under GENIUS Act
Fed’s Logan Signals 50 Basis Points More in Rate Hikes
IMF Maintains 2027 Global Growth Forecast at 3.4% Amid Rising Risks
Gold Prices Hit One-Week High as Oil Falls, Fed Rate Outlook Weighed
Visa Wins China Approval to Prepare Domestic Payments Expansion
European Stocks Rise as Oil Prices Fall Ahead of US CPI
Gold Prices Rise Above $4,200 as Russia-Ukraine Energy Truce Eases Oil Concerns
S&P 500 Rally Masks Losses for Over 40% of Stocks in 2026
Oil Prices Surge Above $106 After Deadly Saudi Airport Attack
Fed’s Hammack Says Bond Yield Surge Is Not Driven by Inflation Fears 



