Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
Paraguay Holds Interest Rate at 5.5% as Inflation Remains Stable Amid Global Uncertainty 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
US, Japan Reaffirm Strong Currency Coordination Amid Yen Volatility 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
US-China Trade Talks Begin in South Korea Ahead of Trump-Xi Beijing Summit 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Caixin services PMI declines to 52.2 in March.
Upcoming:
- Japan: Consumer confidence report will be released at 5:00 GMT.
- Germany: Factory orders report will be released at 6:00 GMT.
- Switzerland: Consumer price inflation for March will be reported at 7:15 GMT.
- Italy: Wage inflation report will be released at 9:00 GMT.
- Greece: January unemployment report will be released at 9:00 GMT.
- United States: Challenger jobs report is scheduled for release at 11:30 GMT, followed by weekly jobless claims at 12:30 GMT. EIA will release natural gas inventory report at 14:30 GMT. FOMC member Williams will speak at 13:30 GMT. President Trump will meet Chinese President Xi today in the White House.
- Eurozone: ECB president Draghi is scheduled to speak at 20:00 GMT.
- Australia: AiG performance of construction report will be published at 23:30 GMT
