Oil Prices Climb as Middle East Tensions and U.S. Inventory Data Boost Market Sentiment 
ECB Signals Steady Interest Rates as Fed Risks Loom Over Outlook 
Japan Finance Minister Defends PM Takaichi’s Remarks on Weak Yen Benefits 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Markets React as Tensions Rise Between White House and Federal Reserve Over Interest Rate Pressure 
Oil Prices Steady as Markets Weigh U.S.-Iran Talks, Dollar Strength Caps Gains 
Gold Prices Rebound Near Key Levels as U.S.-Iran Tensions Boost Safe-Haven Demand 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
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.
