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.


Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves
Canada Stocks Steady as Markets Await Fed and BoC Decisions
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 



