Asia Markets Tumble as Gulf Conflict Drives Oil Prices to Historic Highs 
WTO Digital Trade Talks Stall as E-Commerce Tariff Deadline Looms 
U.S. Jobs Market Eyes March Recovery Amid Inflation Pressures 
U.S. Praises Kurdistan's Role in Oil Markets Amid Iran War Fallout 
Brazil Meat Exports Weather Iran War Disruptions With Rerouted Shipments 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Gold Prices Inch Higher Amid U.S.-Iran War Tensions and Technical Rebound 
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for February came at 3.574 billion. RBA kept interest rates steady at 1.5 percent.
Upcoming:
- Spain: Unemployment change for March will be reported at 7:00 GMT.
- Italy: Fourth quarter debt to GDP ratio would be published at 8:00 GMT, followed by wage inflation report at 9:00 GMT.
- Eurozone: February retail sales report will be released at 10:00 GMT.
- United States: February trade balance will be reported at 12:30 GMT, followed by ISM New York index at 13:45 GMT and Factory orders at 14:00 GMT. TIPP economic optimism numbers will also be published at 14:00 GMT. Fed’s Tarullo is scheduled to speak at 20:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- United Kingdom: BRC shop price inflation will be reported at 23:00 GMT.
- Australia: AiG performance of services index will be updated at 23:30 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT. Spain will auction 6-month and 12-month bonds today.
