Oil Prices Slip as Strait of Hormuz Disruptions and U.S. Inventory Data Keep Markets on Edge 
S&P Global Revises Mexico Credit Outlook to Negative Amid Rising Debt Concerns 
OECD Sees Bank of Japan Raising Interest Rates to 2% by 2027 
Asian Stocks Edge Higher as Tech Shares Rise Ahead of Trump-Xi Beijing Summit 
Dollar Surges as Inflation Data Fuels Fed Rate Hike Expectations 
Japan Considers Extra Budget Aid Amid Rising Fuel and Utility Costs 
Trump Faces Uphill Battle Seeking China’s Help on Iran Conflict 
Gold Prices Steady Ahead of Trump-Xi Meeting as Inflation and Oil Concerns Persist 
Asian Stocks Steady as Iran War Concerns Persist Ahead of Trump-Xi Summit 
ECB Rate Outlook: Ceasefire Eases Pressure but Hikes Still Expected in 2026 
Bank of England Set to Hold Interest Rates as Inflation Risks and Iran War Impact Loom 
Lots of economic dockets and events scheduled for today and some with high volatility risks associated.
Data released so far:
- China: Caixin services PMI declines to 52.2 in March.
Upcoming:
- Japan: Consumer confidence report will be released at 5:00 GMT.
- Germany: Factory orders report will be released at 6:00 GMT.
- Switzerland: Consumer price inflation for March will be reported at 7:15 GMT.
- Italy: Wage inflation report will be released at 9:00 GMT.
- Greece: January unemployment report will be released at 9:00 GMT.
- United States: Challenger jobs report is scheduled for release at 11:30 GMT, followed by weekly jobless claims at 12:30 GMT. EIA will release natural gas inventory report at 14:30 GMT. FOMC member Williams will speak at 13:30 GMT. President Trump will meet Chinese President Xi today in the White House.
- Eurozone: ECB president Draghi is scheduled to speak at 20:00 GMT.
- Australia: AiG performance of construction report will be published at 23:30 GMT
