Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Singapore Budget 2026 Set for Fiscal Prudence as Growth Remains Resilient 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Export prices grew by 9.4 percent in the first quarter, while import prices grew by 1.2 percent.
- Japan: BoJ kept monetary policy steady at today’s meeting. The press conference is scheduled at 6:30 GMT.
Upcoming:
- Germany: GFK consumer confidence report will be released at 6:00 GMT. Consumer price inflation report will be released at 12:00 GMT.
- Switzerland: March trade balance report will be released at 6:00 GMT.
- Spain: First quarter unemployment survey will be released at 7:00 GMT, along with April flash HICP report.
- Italy: Consumer and business confidence for April will be reported at 8:00 GMT.
- Portugal: Consumer and business confidence for April will be reported at 8:00 GMT, followed by trade balance at 8:30 GMT.
- United Kingdom: CBI will release trade survey report at 10:00 GMT. GFK consumer confidence report for April will be released at 23:00 GMT.
- Eurozone: Sentiment and confidence reports for April will be released at 10:00 GMT. ECB will announce interest rate decision at 11:45 GMT, followed by a press conference at 12:30 GMT.
- United States: Weekly jobless claims report will be released at 12:30 GMT, along with durable goods order report and goods trade balance report. Pending home sales report will be released at 14:00 GMT. EIA will release weekly natural gas inventory report at 14:30 GMT.
- New Zealand: March trade balance report will be released at 22:45 GMT.
- Japan: Tokyo and National inflation report will be released at 23:30 GMT, along with unemployment report for March and followed by flash industrial production numbers for March and retail trade details.
- Auction: U.S. will auction 7-year note at 17:00 GMT. Italy will auction 5-year and 10-year bonds.
