Not many economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data released so far:
- Australia: Wage price index grew 0.5 percent q/q in Q4, up 2.3 percent from a year ago.
Upcoming:
- Germany: PPI inflation report will be released at 7:00 GMT.
- Switzerland: Q4 industrial production report will be released at 8:15 GMT.
- United Kingdom: CBI industrial trend survey report will be released at 11:00 GMT.
- United States: MBA mortgage applications report will be released at 12:00 GMT. FOMC will release minutes at 19:00 GMT. Prime Minister May set to meet EU commission chief Juncker today around 17:30 GMT.
- Eurozone: Consumer confidence report will be released at 15:00 GMT.


Global Central Banks Hold Rates Amid Iran War-Driven Energy Price Surge
Bank of Japan Eyes April Rate Hike Despite Inflation Dip, ING Says
Fed Rate Cut Hopes Fade as Oil Prices Stoke Inflation Fears
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures
BOJ Holds Interest Rates Steady Amid Middle East Uncertainty
Goldman Sachs Raises ECB Rate Hike Forecast Amid Persistent Energy-Driven Inflation 



