Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation 
India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs 
Asian Markets Hold Steady Ahead of Trump's Iran Deadline as Oil Tops $110 
Oil Prices Surge as U.S.-Iran Conflict Threatens Global Supply 
Citigroup Delays Fed Rate Cut Forecast Amid Strong Jobs Data and Inflation Concerns 
European Stocks Hold Steady as Iran Ceasefire Deadline Looms 
U.S. Futures Drop as Trump Issues Iran Military Deadline, Oil Prices Jump 
Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand 
India's Central Bank Holds Rates Amid Iran War Energy Shock 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
China's Fermented Feed Push: Cutting Soybean Dependence Amid Trade War 
Emerging market economies are expected to remain under pressure for some time and the zloty will continue to trade on a weaker side.
The zloty has continued to be under pressure as sell-off on the Polish bond market has not stopped yet. Moreover, the zloty remains the most vulnerable regional currency to negative spill-over effects from other emerging markets. As concerns the technical picture, the EUR/PLN could try to test the 4.50 resistance, KBC Central European Daily reported.
In this respect the ongoing risk-off mode in emerging markets’ universe might easily extend until the December, when there is series of important events, namely, the Italian referendum on a constitutional reform, scheduled on December 4, the monetary policy meeting of the European Central Bank on December 8 and the Federal Reserve Open Committee meeting on December 14.
