Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further 
Bank of Korea Nominee Shin Hyun-song Calls for Flexible Monetary Policy Amid Iran War Risks 
Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks 
RBA's Hauser Flags Uncertainty on Rate Settings Amid Iran War Economic Risks 
RBI Holds Interest Rates Steady Amid Middle East Tensions and Global Uncertainty 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: Credit card spending up 7 percent y/y in February.
Upcoming:
- United Kingdom: ILO unemployment report will be published at 9:30 GMT. CBI will release industrial order survey report at 11:00 GMT.
- United States: MBA mortgage applications report will be published at 11:00 GMT, followed by current account balance report for the fourth quarter at 12:30 GMT and existing home sales report at 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT. Fed will announce monetary policy at 18:00 GMT, followed by the press conference at 18:30 GMT.
- Switzerland: SNB will release quarterly bulletin at 14:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 20:00 GMT.
