Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Australia Housing Tax Reform Sparks Debate Over Property Investor Tax Breaks 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit 
Trump Faces Uphill Battle Seeking China’s Help on Iran Conflict 
Rubio Discusses Iran Crisis and Strait of Hormuz Disruptions With UK and Australia 
US Stock Futures Slip as Iran Tensions and Hot Inflation Data Pressure Wall Street 
Asian Currencies Steady as Trump-Xi Summit, Inflation Concerns Boost Dollar 
Trump Pushes China Market Access During High-Stakes Xi Summit 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence declines by 0.7 percent.
- China: In March, producer price index is up 7.6 percent y/y, and consumer price index grew 0.9 percent y/y.
- Germany: Wholesale price index came at 4.7 percent y/y in March. No monthly growth in prices.
Upcoming:
- Spain: HICP inflation report will be published at 7:00 GMT.
- United Kingdom: BoE governor Carney is scheduled to speak at 8:00 GMT. ILO unemployment report will be published at 8:30 GMT. RICS house price balance report will be released at 23:00 GMT.
- Portugal: Consumer price inflation report will be published at 10:00 GMT.
- United States: MBA mortgage application numbers will be updated at 11:00 GMT. Terms of trade report will be published at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. March budget statement will be released at 18:00 GMT.
- Canada: BoC will announce interest rate decision at 14:30 GMT, followed by press conference at 15:15 GMT.
- New Zealand: Business PMI report will be published at 22:30 GMT, followed by food price report at 22:45 GMT.
- Auction: Germany will auction 10-year bond today and Uk would auction 30-year bond.
