Japan Inflation Expectations Rise as BOJ Rate Hike Timing Faces Uncertainty 
RBA Raises Interest Rates to 4.35% Amid Rising Inflation Risks and Middle East Tensions 
Bank of Korea Signals Potential Interest Rate Hikes as Inflation Remains Elevated 
BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
Fed’s Goolsbee Warns Inflation Remains Elevated, Signals Caution on Rate Cuts 
South Korea Central Bank Signals Cautious Policy Amid Inflation and Middle East Tensions 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- China: First quarter GDP grew 1.4 percent, up 6.8 percent from a year ago. Fixed asset investments up 7.5 percent y/y. Industrial production up 6 percent y/y. Retail sales grew 10.1 percent y/y in February.
- Japan: No growth in February on a monthly basis, up 1.6 percent from a year ago.
Upcoming:
- Italy: March CPI inflation report will be released at 8:00 GMT, followed by trade balance report at 9:00 GMT.
- United Kingdom: ILO unemployment report will be released at 8:30 GMT.
- Germany: ZEW economic survey report will be released at 9:00 GMT.
- Eurozone: ZEW economic survey report will be released at 9:00 GMT.
- United States: Building permits and housing starts report will be released at 12:30 GMT, followed by industrial production report at 13:15 GMT. FOMC member William is set for a speech at 13:15 GMT, Quarles at 14:00 GMT, and Harker at 15:00 GMT, and Evans at 17:10 GMT.
- Japan: Trade balance report will be released at 23:50 GMT.
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