Eurozone Recession Risks Rise as Middle East Conflict Threatens Growth, ECB Official Warns 
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BOJ Rate Hike Expectations Grow as Board Member Signals Hawkish Stance 
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Not many economic data and events scheduled for today, and all with medium volatility risks associated.
Upcoming:
- Australia: TD securities inflation up 0.1 percent in February. Building permits rose 28.6 percent y/y in January. Company gross operating profits up 0.8 percent q/q in Q4.
Upcoming:
- Spain: February unemployment change report will be released at 8:00 GMT.
- United Kingdom: Markit construction PMI report will be released at 9:30 GMT.
- Eurozone: Sentix investor confidence report will be released at 9:30 GMT, followed by the PPI inflation report at 10:00 GMT.
- United States: ISM New York report will be published at 14:45 GMT, followed by December construction spending numbers at 15:00 GMT.
- Auction: The United States will auction 3-month and 6-month bills at 16:30 GMT.
