RBA Set to Hike Rates Again Amid Inflation Surge and Global Uncertainty 
Bank of Japan Governor Signals Gradual Progress Toward 2% Inflation Target 
Bank of Japan Faces Rate Uncertainty Amid Middle East Oil Shock 
Fed Holds Rates Steady as Middle East Conflict Clouds Inflation Outlook 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Lots of economic dockets and events scheduled for today but all with low to medium volatility risks associated.
Data released so far:
- Japan: Nikkei flash manufacturing PMI declines to 52.6 in March from 53.3 in February. Leading economic index for January marginally declines to 104.9 and Coincident index improves to 115.1
Upcoming:
- France: First quarter GDP data will be published at 6:30 GMT, followed by flash manufacturing and composite PMI at 8:00 GMT.
- Germany: Flash manufacturing and composite PMI report will be released at 8:30 GMT.
- Eurozone: Flash manufacturing and services PMI report will be released at 9:00 GMT.
- United Kingdom: BBA mortgage approval numbers for January will be released at 9:30 GMT.
- United States: February durable goods order report at 12:30 GMT, followed by flash market manufacturing PMI at 14:45 GMT. Fed’s Evans is scheduled to speak at 12:00 GMT and Bullard at 13:00 GMT. US congress will vote on Healthcare bill today.
- Canada: Consumer price inflation report will be published at 12:30 GMT.
