Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: Westpac consumer confidence declines by 0.7 percent.
- China: In March, producer price index is up 7.6 percent y/y, and consumer price index grew 0.9 percent y/y.
- Germany: Wholesale price index came at 4.7 percent y/y in March. No monthly growth in prices.
Upcoming:
- Spain: HICP inflation report will be published at 7:00 GMT.
- United Kingdom: BoE governor Carney is scheduled to speak at 8:00 GMT. ILO unemployment report will be published at 8:30 GMT. RICS house price balance report will be released at 23:00 GMT.
- Portugal: Consumer price inflation report will be published at 10:00 GMT.
- United States: MBA mortgage application numbers will be updated at 11:00 GMT. Terms of trade report will be published at 12:30 GMT. EIA will release weekly crude oil inventory report at 14:30 GMT. March budget statement will be released at 18:00 GMT.
- Canada: BoC will announce interest rate decision at 14:30 GMT, followed by press conference at 15:15 GMT.
- New Zealand: Business PMI report will be published at 22:30 GMT, followed by food price report at 22:45 GMT.
- Auction: Germany will auction 10-year bond today and Uk would auction 30-year bond.


Singapore Central Bank’s Exchange Rate Policy Explained: Why MAS Uses the S$NEER Instead of Interest Rates
BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook
Oil Prices Ease as US-Iran Tensions Keep Brent on Track for Weekly Gain
US Dollar Hits Three-Month Low as Treasury Yields Fall
China Set to Hold Benchmark Lending Rates Steady for 15th Month
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning
India PMI Rises as Services Offset Manufacturing Slowdown
Trump Pauses 50% Canada Tariffs for Three Days as U.S. Trade Deal Takes Shape
Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist 



