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Details regarding the May 5 New York cut for FX option expiries are listed below

Major expiries include EUR/USD at 1.1200, USD/JPY at 145.50, and USD/CAD at 1.3870.

A few FX option expiries for EUR/USD are unlikely to cause much market impact today

EUR/USD expiries at 1.1300 and 1.1400 may curb moves, but USD sentiment drives market direction.

Retail sales in Singapore improved from -3.6% to 1.1% year-on-year in March

Singapore’s retail sales rose 1.1% in March, signaling recovery and renewed consumer confidence after decline.

London markets are closed, affecting European flows, while major hubs remain open for limited data releases

London markets are closed for May Day; light data releases expected, including Swiss inflation and Sentix.

In the Philippines, gold prices experienced an increase today based on collected market data

Gold prices in the Philippines rose, reflecting global trends, currency shifts, and gold’s role as a hedge.

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