Russia Stocks End Flat as MOEX Index Hits New 52-Week Low; Gold Falls and Oil Mixed 
RBI Hits Pause as Geopolitical Storm Clouds Gather 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
Italy’s Economy Outpaces Eurozone Peers as Investment Spending Fuels Growth 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
South Korea Central Bank Holds Interest Rates Steady Amid Inflation Concerns 
Indonesia Central Bank to Draft New Regulations After Expanded Economic Growth Mandate 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- New Zealand: ANZ commodity price index rose 2 percent in February.
- Japan: Markit services PMI marginally declined to 51.3 in February.
- China: Caixin services PMI for February marginally declines to 52.6
Upcoming:
- Japan: Consumer confidence index will be updated at 5:00 GMT.
- Germany: Retail sales details for January will be reported at 7:00 GMT, followed by the release of Markit services PMI report at 8:55 GMT.
- Spain: Markit services PMI report will be updated at 8:00 GMT, followed by the updating of house price index at 9:00 GMT.
- Italy: Markit services PMI report will be released at 8:45 GMT, followed by fourth quarter GDP at 9:00 GMT.
- France: Markit services PMI report will be published at 8:50 GMT
- Eurozone: Markit services PMI will be released at 9:00 GMT and retail sales report at 10:00 GMT.
- United Kingdom: Markit services PMI for February will be reported at 9:30 GMT.
- United States: Markit services PMI report will be released at 14:45 GMT, followed by ISM-non-manufacturing PMI at 15:00 GMT. Many FOMC speakers are scheduled today; Evans and Lacker at 15:15 GMT, Powell at 17:15 GMT, Fischer and Yellen at 18:00 GMT.
