Not many economic data and events scheduled for today and some with high volatility risks associated.
Upcoming:
- Spain: unemployment change report for April will be published at 7:00 GMT.
- Eurozone: ECB will hold its non-monetary policy meeting today. First quarter flash GDP numbers and producer price inflation numbers for March will be published at 9:00 GMT.
- Germany: Unemployment change report will be released at 7:55 GMT.
- United Kingdom: Construction PMI for April will be released at 8:30 GMT.
- United States: MBA mortgage application numbers will be published at 11:00 GMT, followed by the release of ADP employment report at 12:15 GMT. Markit services PMI report will be published at 13:45 GMT, followed by ISM non-manufacturing PMI at 14:00 GMT. EIA will release its weekly crude oil inventory report at 14:30 GMT. FOMC will announce interest rate decision at 18:00 GMT.
- Auction: Germany will auction 10-year bond today.


Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell
Dollar Steadies Ahead of ECB and BoE Decisions as Markets Turn Risk-Off
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness
Australia’s December Trade Surplus Expands but Falls Short of Expectations
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 



