RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Bank of Canada Holds Interest Rate at 2.25% Amid Trade and Global Uncertainty 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
BOJ Holds Interest Rates Steady, Upgrades Growth and Inflation Outlook for Japan 
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei flash manufacturing PMI declines to 52.6 in March from 53.3 in February. Leading economic index for January marginally declines to 104.9 and Coincident index improves to 115.1
Upcoming:
- France: First quarter GDP data will be published at 6:30 GMT, followed by flash manufacturing and composite PMI at 8:00 GMT.
- Germany: Flash manufacturing and composite PMI report will be released at 8:30 GMT.
- Eurozone: Flash manufacturing and services PMI report will be released at 9:00 GMT.
- United Kingdom: BBA mortgage approval numbers for January will be released at 9:30 GMT.
- United States: February durable goods order report at 12:30 GMT, followed by flash market manufacturing PMI at 14:45 GMT. Fed’s Evans is scheduled to speak at 12:00 GMT and Bullard at 13:00 GMT. US congress will vote on Healthcare bill today.
- Canada: Consumer price inflation report will be published at 12:30 GMT.
