Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
USDA Plans to Expand Farmer Surveys to Improve Crop Report Accuracy 
Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense 
Nikkei Retreats After Brief 60,000 Break as Profit-Taking and Geopolitical Risks Weigh 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Lots of economic data and events scheduled for today and all with high volatility risks associated.
Data released so far:
- China: Trade balance declined to $28.74 billion in September as exports grew by 8.1 percent y/y and imports grew by 18.7 percent y/y.
Upcoming:
- Germany: CPI inflation report will be released at 6:00 GMT.
- Switzerland: Producer and import price report will be released at 7:15 GMT.
- Italy: Consumer price inflation report will be released at 8:00 GMT.
- United States: CPI inflation report will be released at 12:30 GMT, along with September retail sales report. Fed’s Rosengren is set to speak at 12:30 GMT, Evans at 14:25 GMT, Kaplan at 15:30 GMT, and Powell at 17:00 GMT. Michigan consumer sentiment report will be released at 14:00 GMT.
- Eurozone: ECB’s Vitor Constancio to speak at 14:15 GMT.
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