BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Dollar Gains as Fed Rate Hike Bets Rise Ahead of Trump-Xi Summit 
Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
Asian Currencies Slide as Indian Rupee Hits Record Low Amid Iran Tensions 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Rubio Discusses Iran Crisis and Strait of Hormuz Disruptions With UK and Australia 
BOJ Governor Kazuo Ueda Hints at Rate Hike as Inflation Pressures Build 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
U.S. Urges China to Help Curb Iran’s Actions in Gulf, Rubio Says 
New Zealand Budget 2026 Focuses on Fiscal Discipline and Infrastructure Investment 
Gold Prices Hold Steady as Investors Monitor U.S.-Iran Tensions and Trump-Xi Summit 
Gold Prices Steady Ahead of Trump-Xi Meeting as Inflation and Oil Concerns Persist 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Japan: Labor cash earnings up by 0.4 percent y/y in February. Leading economic index marginally declines to 104.4 in February, while Coincident index improves to 115.5 in February.
Upcoming:
- Switzerland: March unemployment report will be published at 5:45 GMT, followed by forex reserve data at 7:00 GMT.
- Germany: February Industrial production numbers will be reported at 6:00 GMT, along with trade balance data.
- France: Trade balance and February budget numbers will be published at 6:45 GMT.
- Spain: February Industrial output report will be published at 7:00 GMT.
- United Kingdom: Halifax house price report will be published at 7:30 GMT, followed by industrial and manufacturing production numbers for February at 8:30 GMT, along with February trade balance report. BoE governor Carney is scheduled to speak at 9:00 GMT. NIESR will release GDP estimate at 12:00 GMT.
- Italy: Retail sales report will be published at 8:00 GMT, followed by wage inflation report will be released at 9:00 GMT.
- United States: NFP report will be published at 12:30 GMT, followed by wholesale inventories report at 14:00 GMT.
- Canada: Unemployment report for March will be released at 12:30 GMT, followed by IVEY PMI at 14:00 GMT.
