Oil Prices Rise as Hormuz Reopening Remains Uncertain 
Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears 
European Stocks Flat as Oil Prices Rise, US CPI in Focus 
S&P 500, Nasdaq Slip as Oil Jumps on Iran Tensions 
Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge 
BOJ Signals Faster Rate Hikes as Inflation Risks Raise September Move Odds 
Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates 
England Drought Expands to 71% as Heatwave Deepens Water Crisis 
US Dollar Near Two-Month Low as Markets Await Inflation Data 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Markit services PMI edged higher in March to 52.9
- Australia: ANZ commodity price index grew 0.4 percent in March.
Upcoming:
- Spain: Markit services PMI for March will be reported at 7:15 GMT.
- Japan: BoJ governor Kuroda’s speech scheduled at 7:15 GMT.
- Italy: Services PMI report will be released at 7:45 GMT, followed by wage inflation report at 9:00 GMT.
- France: Services PMI report for March will be released at 7:50 GMT.
- Germany: Markit services PMI report will be released at 7:55 GMT.
- Eurozone: Services PMI report will be released at 8:00 GMT.
- United Kingdom: Markit services PMI report will be released at 8:30 GMT.
- United States: MBA mortgage report at 11:00 GMT, followed by ADP employment report at 12:15 GMT. Markit services PMI report will be released at 13:45 GMT and ISM non-manufacturing PMI report at 14:00 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. FOMC will release minutes of meeting at 18:00 GMT.
