US Dollar Rises as Fed Rate Outlook Stays Hawkish, Euro Slips and Yen Near 40-Year Low 
Asian Stocks Slide as Chip Shares Tumble Ahead of Key U.S. Jobs Report 
Supreme Court Backs Lisa Cook, Defends Federal Reserve Independence Against Trump Firing Attempt 
China Keeps Loan Prime Rates Unchanged for 13th Straight Month as Policymakers Prioritize Credit Demand Recovery 
U.S. Dollar Drops as Weak Jobs Data Boosts Fed Pause Bets, Yen Jumps on Intervention Talk 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
BOJ Rate Hike Expectations Rise as Weak Yen and Strong U.S. Jobs Data Increase Pressure 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: National banks’ business conditions index improves sharply to 14 in March from 9 in February but business confidence declines from 7 to 6.
Upcoming:
- Japan: Flash Machine tools orders report will be released at 6:00 GMT. Domestic corporate goods price index will be updated at 23:50 GMT. At the same time, Machinery orders report will be released.
- United Kingdom: Inflation report containing CPI, PPI, RPI and HPI will be released at 8:30 GMT.
- Germany: Zew survey report for April will be released at 9:00 GMT.
- Eurozone: Zew survey report and industrial production report will be published at 9:00 GMT.
- United States: NFIB business optimism index will be released at 10:00 GMT, followed by JOLTS jobs report at 14:00 GMT. Fed’s Kashkari’s speech is at 17:45 GMT.
- Auction: U.S. will auction 1-months bills at 15:30 GMT and 10-year note at 17:00 GMT.
