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Jerome Powell Attends Supreme Court Hearing on Trump Effort to Fire Fed Governor, Calling It Historic

German Ifo business climate index falls sharply in November, economic growth likely to shrink in Q3

Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady

South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns

BoC holds rates at 2.25%, flags rising economic uncertainty

Silver Prices Plunge in Asian Trade as Dollar Strength Triggers Fresh Precious Metals Sell-Off

Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.

U.S. existing home sales rise above expectations in October

Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed

ECB Set to Stay Tight as Inflation Drops Below Target

Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure

Thailand Inflation Remains Negative for 10th Straight Month in January

U.K.’s flash PMI indices indicate decline in business activity in November, composite index falls to 47.4

Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell

Australian private new capital expenditure likely fell further in Q3 2020 - ANZ

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Fed holds rates steady, adopts wait-and-see stance

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FxWirePro: The Day Ahead- 26th May 2017

Friday, May 26, 2017 4:13 AM UTC

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.

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Market Data

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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FxWirePro: The Day Ahead- 26th May 2017

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