Trump Defends Russian Diesel Deal Amid US Sanctions Backlash 
RBA Signals More Rate Hikes as Inflation Risks Rise 
Global Stocks Mixed as Oil Falls Ahead of US Earnings 
Trump Calls for Zelenskyy Replacement Amid Russian Diesel Deal 
Fed’s Hammack Says More Data Needed Before Next Rate Move 
Asian Currencies Steady as Dollar Nears 18-Month High Ahead of US CPI 
Philippines Current Account Deficit Seen at $19.1 Billion in 2026 
UK Finance Minister Healey Calls for Fiscal Discipline Amid Global Risks 
Fed Unveils Stablecoin Rules Under GENIUS Act 
RBA Hikes Interest Rate to 4.60% as Inflation Risks Rise 
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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.
