Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock 
Bank of Japan Signals Potential Rate Hike as Inflation Risks Rise Amid Energy Shock 
RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses 
Dollar Gains as Middle East Tensions and Rising Oil Prices Support Safe-Haven Demand 
European Car Sales Surge in March as EV and Hybrid Demand Accelerates 
Singapore Tightens Monetary Policy Amid Middle East War Inflation Risks 
Lots of economic dockets and events scheduled for today and some with high risks associated.
Data released so far:
- Australia: Net employment rose by 9,800 and unemployment rate remained at 5.6 percent.
- China: Foreign direct investments rose by 4.2 percent y/y in October.
Upcoming:
- France: Third quarter ILO unemployment report will be released at 6:30 GMT.
- Italy: Trade balance report for September will be released at 9:00 GMT.
- United Kingdom: Retail sales report for October will be released at 9:30 GMT.
- Eurozone: Consumer price inflation data will be published at 10:00 GMT. ECB will release minutes at 12:30 GMT. ECB’s Praet is scheduled to speak at 21:45 GMT.
- United States: Consumer inflation statistics will be revealed at 13:30 GMT, along with Building permits, Housing starts, Philadelphia Fed manufacturing survey, and weekly jobless claims report. Fed’s William Dudley is scheduled to speak at 13:50 GMT. Fed’s Yellen is scheduled to testify before congress at 15:00 GMT. EIA will release weekly natural gas inventory report at 15:30 GMT.
- New Zealand: Producer price index for the third quarter will be released at 21:45 GMT.
- Auctions: Spain will auction 3, 5, and 10-year bond today. UK will auction 30-year bond.
