Brazil Holds Selic Rate at 15% as Inflation Expectations Stay Elevated 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
South Korea Warns Weak Won Could Push Inflation Higher in 2025 
U.S. Dollar Slips Near Two-Month Low as Markets Await Key Jobs Data and Central Bank Decisions 
Asian Stocks Slide as AI Spending Fears and Global Central Bank Decisions Weigh on Markets 
Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets 
Not many economic data and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: HIA new home sales declined by 1.1 percent in March. Trade balance for March came at $3.1 billion. Exports grew by 2 percent and import grew by 5 percent.
- China: Caixin services PMI for April declines to 51.5
Upcoming:
- Switzerland: SECO consumer climate report will be released at 5:45 GMT.
- Spain: unemployment change report for April will be published at 7:00 GMT, followed by services PMI report at 7:15 GMT.
- Italy: Markit services PMI report will be released at 7:45 GMT.
- France: Services PMI report will be released at 7:50 GMT.
- Germany: Services PMI report will be released at 7:55 GMT.
- Eurozone: Services PMI report will be released at 8:00 GMT, followed by retail sales report at 9:00 GMT. ECB President Draghi is scheduled to speak at 16:30 GMT.
- United Kingdom: Consumer lending report, money supply report will be released at 8:30 GMT, along with services PMI report.
- United States: Challenger Jobs report will be published at 11:30 GMT, followed by trade balance report for March at 12:30 GMT, along with weekly jobless claims report and non-farm productivity report. Factory orders numbers will be published at 14:00 GMT. EIA will release natural gas inventory report at 14:30 GMT.
- Canada: Trade balance report for March will be published at 12:30 GMT. BoC governor Poloz is scheduled to speak at 20:25 GMT.
- Auction: Germany will auction 10-year bond today.
