J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Bank of Japan Holds Rates Steady Amid Iran War Inflation Fears 
China Holds Benchmark Loan Prime Rate Steady for Tenth Consecutive Month 
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- United Kingdom: Right move house price index up 1.5 percent according to March report, up 2.1 percent from a year ago.
- China: House price index rose 5.2 percent y/y in February.
Upcoming:
- G20: G20 meeting begins today in Argentina.
- Italy: January industrial output report and trade balance report will be released at 9:00 GMT and 10:00 GMT respectively.
- Eurozone: January trade balance and construction output report will be released at 10:00 GMT.
- United States: FOMC member Bostic is set for a speech at 13:00 GMT.
- Auction: The U.S. will auction 3-month and 6-month bills at 15:30 GMT.
- New Zealand: First quarter consumer survey report will be released by Westpac at 21:00 GMT.
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