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.


Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains
China Holds Loan Prime Rates Steady in January as Market Expectations Align
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Fed Confirms Rate Meeting Schedule Despite Severe Winter Storm in Washington D.C.
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears
Trump Endorses Japan’s Sanae Takaichi Ahead of Crucial Election Amid Market and China Tensions
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 



