Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge 
Taiwan Central Bank Expected to Hold Interest Rates Steady Through 2027 
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears 
Bank of Japan Officials Signal Continued Interest Rate Hikes Amid Inflation Concerns 
ECB Eyes Rate Hike Amid Iran Conflict-Driven Energy Price Surge 
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
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.
