RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
BOK Seen Holding Interest Rates Steady as Inflation Risks Rise in South Korea 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Sri Lanka Central Bank Surprises Markets With 100 Basis Point Rate Hike Amid Inflation and Currency Pressure 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Wage price index grew 0.5 percent q/q in Q4, up 2.3 percent from a year ago.
Upcoming:
- Germany: PPI inflation report will be released at 7:00 GMT.
- Switzerland: Q4 industrial production report will be released at 8:15 GMT.
- United Kingdom: CBI industrial trend survey report will be released at 11:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. FOMC will release minutes at 19:00 GMT. Prime Minister May set to meet EU commission chief Juncker today around 17:30 GMT.
- Eurozone: Consumer confidence report will be released at 15:00 GMT.
