BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Sri Lanka Central Bank Surprises Markets With 100 Basis Point Rate Hike Amid Inflation and Currency Pressure 
Uruguay Central Bank Holds Interest Rate at 5.75% Amid Inflation and Oil Price Concerns 
Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence 
Kevin Warsh Faces Early Fed Test as Inflation Risks Challenge Rate-Cut Expectations 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Sizable economic data and events scheduled for today, and some with high volatility risks associated.
Data released so far:
- Australia: PPI inflation declined to 1.9 percent y/y in Q1. Australia’s terms of trade report improved in Q1 with the export price rising 4.5 percent q/q, while the import price index declined by 0.5 percent.
Upcoming:
- France: Consumer confidence report due at 6:45 GMT.
- Switzerland: SNB chairman Jordon is set for a speech at 8:00 GMT.
- United Kingdom: BBA mortgage approval report due at 10:00 GMT.
- United States: Q1 flash GDP report due at 12:30 GMT, followed the Michigan consumer confidence report at 14:00 GMT.
