South Korea Signals Possible Interest Rate Hike as Inflation Remains Elevated 
Europe EV Demand Surges as Fuel Prices Rise Amid Iran Conflict 
ECB Set to Raise Interest Rates as Energy Shock Fuels Eurozone Inflation Concerns 
Gold Prices Slide as Hawkish Fed and Strong Dollar Weigh on Bullion 
Oil Prices Slide as U.S.-Iran Deal and Hormuz Reopening Ease Supply Concerns 
RBI Holds Interest Rates at 5.25%, Cuts India Growth Forecast Amid Rising Global Risks 
Jerome Powell Warns Against Politicizing the Federal Reserve, Defends Democratic Institutions 
BOJ Rate Hike Expected to Boost Yen, Impact USD/JPY and Nikkei 
BOJ Signals More Rate Hikes as Inflation Risks Rise Amid Energy Price Pressures 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: RBA kept interest rate steady at 1.5 percent.
- United Kingdom: BRC like for like retail sales declined by 0.4 percent in February.
Upcoming:
- Germany: Factory orders report for January will be published at 7:00 GMT.
- France: January budget details will be published at 7:45 GMT.
- Switzerland: February forex reserve numbers will be updated at 8:00 GMT.
- United Kingdom: Halifax house price report for February will be released at 8:30 GMT.
- Italy: Producer price inflation report for January will be published at 9:00 GMT.
- Eurozone: Fourth quarter GDP report will be published at 10:00 GMT.
- United States: Trade balance number for January will be reported at 13:30 GMT, followed by TIPP economic optimism report at 15:00 GMT and consumer credit report at 20:00 GMT.
- Canada: IVEY PMI for February will be released at 15:00 GMT.
- New Zealand: Manufacturing sales report for the fourth quarter will be made available at 21:45 GMT. The global dairy auction is scheduled today.
- Japan: First quarter GDP report will be published at 23:50 GMT, along with trade balance report for January.
