Stock Futures Dip as S&P 500, Nasdaq Hit Record Highs Amid Rising U.S.-Iran Tensions 
Iran Tightens Grip on Strait of Hormuz as Oil Prices Surge 
Indian Cotton Yarn Exports Surge as China Demand Rises Amid Global Supply Disruptions 
Bank of Japan's Ueda Flags Low Real Interest Rates as Key Factor in Rate Hike Timing 
New Zealand Economy Faces Short-Term Pressure but Recovery Remains on Track 
Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates 
Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices 
Asian Stocks Surge to Record Highs as Wall Street Rally Offsets Oil Price Concerns 
India-US Trade Talks Advance Toward $500 Billion Goal Amid Ongoing Negotiations 
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.
