Fed's Hammack Urges Faster Rate Hikes to Fight Inflation 
Fed Unveils Stablecoin Rules Under GENIUS Act 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Bank of America Predicts Yen Rebound as USD/JPY Faces Risks 
Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI 
RBI Rate Hike Bets Surge as Inflation Rises 
Gold Prices Rebound as Dollar Weakens Ahead of US Inflation Data 
RBA Says ASX Still Falls Short on Governance and Risk Controls 
Wall Street Ends Mixed as Investors Await CPI and Bank Earnings 
Nasdaq Falls as Oil Prices Surge Ahead of Bank Earnings 
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Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- France: Emmanuel Macron beats Le Pen to Presidency.
Upcoming:
- China: Trade balance numbers for April will be released today.
- Australia: National Australia Bank’s business confidence and conditions report will be released at 1:30 GMT, along with Building permits report.
- Germany: factory orders report will be released at 6:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT.
- Eurozone: Sentix investor confidence report will be published at 8:00 GMT.
- United States: FOMC’s Loretta Mester and James Bullard are scheduled to speak at 10:45 GMT and 12:35 GMT respectively. Labor market condition index will be updated at 14:00 GMT.
- Canada: Housing starts data will be published at 12:15 GMT. BoC will release its review report at 14:30 GMT.
