Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
China Holds Loan Prime Rates Steady for 14th Month as Economic Recovery Remains Uneven 
Wall Street Slips as Oil Prices Surge 5% on Iran-Hormuz Uncertainty 
Gold Price Hits Two-Month High as Investors Await US Inflation Data 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy 
Goldman Sachs Sees US Stock Buybacks Outpacing Equity Issuance as AI Funding Rises 
Asian Currencies Steady as Markets Await U.S. Inflation Data 
UK Retail Sales Rise as World Cup and Heatwave Boost Food, Pubs and Clothing 
Not many economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- United Kingdom: Right move house price index is up 2.3 percent y/y in February.
Upcoming:
- Germany: producer price index for February will be updated at 7:00 GMT. German Bundesbank might release its monthly report today. German Bundesbank chief Jens Weidmann is scheduled to speak at 16:45 GMT.
- Eurozone: Fourth quarter Labor cost report will be published at 10:00 GMT.
- Portugal: January current account balance report will be released at 11:00 GMT.
- United States: Chicago Fed National activity index for February will be reported at 11:30 GMT. Fed’s Evans is scheduled to speak at 17:10 GMT.
- Canada: Wholesale sales report for January will be reported at 12:30 GMT.
- Auction: US will auction 3-month and 6-month bills at 16:30 GMT.
