Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
RBI Raises Repo Rate to 5.50% in Hawkish Shift on Inflation Risks 
US Dollar Near 18-Month High Ahead of Inflation Data 
UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks 
US Stock Futures Rise as Oil Prices Fall Ahead of Q3 Earnings 
European Auto Stocks Rise as EU-China Trade Deal Targets Hybrid Imports 
Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
Yen in Focus as BOJ, Fed Rate Hikes Reshape Currency Markets 
Australia Consumer Confidence Plunges as RBA Rate Hike Hits Households 
Trump Secures Russian Diesel Deal as US Fuel Prices Surge 
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Not many economic data and events scheduled for today and all with low to medium volatility risks associated.
Upcoming:
- Spain: retail sales report will be released at 7:00 GMT.
- Switzerland: 1st quarter employment numbers will be released at 7:15 GMT.
- Eurozone: Money supply and private loans for April will be released at 8:00 GMT. ECB President Draghi is scheduled to speak at 13:00 GMT.
- Italy: Trade balance report will be published at 9:00 GMT.
- Japan: Unemployment report for April will be published at 23:30 GMT, followed by retail sales report at 23:50 GMT.
