Reminder: Key Intraday Focus (All times in Beijing Time)

① 07:30 Japan March CPI; ② 14:00 UK March Retail Sales; ③ 16:00 Germany April IFO Business Climate Index, speeches by Swiss National Bank Governor Schlegel and Official Janon Steiner; ④ 17:00 Speech by ECB Executive Board Member Panetta; ⑤ 18:30 Russian Central Bank announces interest rate decision; ⑥ 22:00 US April University of Michigan Consumer Sentiment Index Final Reading; ⑦ Saturday: White House Correspondents Dinner hosted by US President Donald Trump;