RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist 
Fed Holds Interest Rates Steady as Kevin Warsh Says Rising Treasury Yields Tighten Financial Conditions 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Japan Economy Minister Downplays Inflation Risks Despite BOJ Warning 
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Lots of economic data and events scheduled for today, and all with low to medium volatility risks associated.
Data and events so far:
- New Zealand: Credit card spending up 7 percent y/y in February.
Upcoming:
- United Kingdom: ILO unemployment report will be published at 9:30 GMT. CBI will release industrial order survey report at 11:00 GMT.
- United States: MBA mortgage applications report will be published at 11:00 GMT, followed by current account balance report for the fourth quarter at 12:30 GMT and existing home sales report at 14:00 GMT. EIA will release weekly inventory report at 14:30 GMT. Fed will announce monetary policy at 18:00 GMT, followed by the press conference at 18:30 GMT.
- Switzerland: SNB will release quarterly bulletin at 14:00 GMT.
- New Zealand: RBNZ will announce interest rate decision at 20:00 GMT.
