Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- Australia: Trade balance for February came at 3.574 billion. RBA kept interest rates steady at 1.5 percent.
Upcoming:
- Spain: Unemployment change for March will be reported at 7:00 GMT.
- Italy: Fourth quarter debt to GDP ratio would be published at 8:00 GMT, followed by wage inflation report at 9:00 GMT.
- Eurozone: February retail sales report will be released at 10:00 GMT.
- United States: February trade balance will be reported at 12:30 GMT, followed by ISM New York index at 13:45 GMT and Factory orders at 14:00 GMT. TIPP economic optimism numbers will also be published at 14:00 GMT. Fed’s Tarullo is scheduled to speak at 20:30 GMT.
- New Zealand: Global dairy auction is scheduled today.
- United Kingdom: BRC shop price inflation will be reported at 23:00 GMT.
- Australia: AiG performance of services index will be updated at 23:30 GMT.
- Auction: U.S. will auction 1-month bills at 15:30 GMT. Spain will auction 6-month and 12-month bonds today.


BSP Sees Philippine Inflation Easing, Keeps Policy Options Open
Oil Prices Climb as US-Iran Hormuz Tensions Rattle Markets
Wall Street Gains as Treasury Yields Fall, Fed Minutes Signal Inflation Risks
RBA Signals More Rate Hikes Possible as Australia Battles Stubborn Inflation
Asian Stocks Rally as KOSPI, Nikkei Surge on Bond Market Relief
Asian Chip Stocks Plunge as Bond Yields Fuel AI Valuation Fears
India PMI Rises as Services Offset Manufacturing Slowdown
Gold Holds Near Two-Month High as Treasury Yields Fall
US Treasury Buybacks Ease Global Bond Yield Surge
Fed Minutes Signal Rate Hikes Remain Possible as Inflation Risks Persist 



