Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
Australia’s December Trade Surplus Expands but Falls Short of Expectations 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Thailand Inflation Remains Negative for 10th Straight Month in January 
Not many economic data and events scheduled for today but some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings declined by 0.4 percent y/y in March.
- Australia: Retail sales declined by 0.1 percent in March.
Upcoming:
- Switzerland: Unemployment report for April will be released at 5:45 GMT.
- Germany: March Industrial production report will be released at 6:00 GMT, along with trade balance report.
- France: France will release March budget report at 6:45 GMT.
- Italy: Italy will release March retail sales report at 8:00 GMT.
- Australia: Australia will release the budget report at 9:30 GMT.
- Canada: Building permits report for March will be released at 12:30 GMT.
- United States: Redbook index will be updated at 12:55 GMT, followed by the release of JOLTS jobs report and TIPP economic optimism report at 14:00 GMT. FOMC’s Rosengren is scheduled to speak at 17:00 GMT and Kaplan at 20:15 GMT.
- New Zealand: Electronic card retail sales report will be released at 22:45 GMT.
