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The yen plunges to 34-year low despite interest rate hike 
The idea that US interest rates will stay higher for longer is probably wrong 
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Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin 
As treasurer, Bill Hayden set Labor on the path to economic rationalism 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Gross operating profits of companies increase by 20.1 percent in the fourth quarter.
Upcoming:
- Spain: Flash HICP inflation will be reported at 8:00 GMT.
- Italy: Trade balance numbers for January will be reported at 9:00 GMT.
- Eurozone: Private loans report for January and money supply stats will be published at 9:00 GMT. Eurozone confidence readings will be published at 10:00 GMT.
- Portugal: Business and consumer confidence for February will be released at 10:30 GMT.
- Switzerland: SNB governing board member Zurbrugg is scheduled to speak at 12:30 GMT.
- United States: Durable goods orders will be reported at 13:30 GMT, followed by pending home sales report at 15:00 GMT and Dallas Fed manufacturing index at 15:30 GMT. FOMC member Kaplan is scheduled to speak at 16:00 GMT.
- New Zealand: Trade balance report for January will be published at 21:45 GMT.
- Japan: Flash industrial production report for February and retail sales report for January will be announced at 23:50 GMT.
- Auctions: US will auction 3-month, and 6-month bills at 16:30 GMT.
