Fed Governor Lisa Cook Warns Inflation Risks Remain as Rates Stay Steady 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Oil Prices Slide on US-Iran Talks, Dollar Strength and Profit-Taking Pressure 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
U.S. Stock Futures Edge Higher as Tech Rout Deepens on AI Concerns and Earnings 
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns 
Lots of economic dockets and events scheduled for today and all with low to medium volatility risks associated.
Data released so far:
- Australia: National banks’ business conditions index improves sharply to 14 in March from 9 in February but business confidence declines from 7 to 6.
Upcoming:
- Japan: Flash Machine tools orders report will be released at 6:00 GMT. Domestic corporate goods price index will be updated at 23:50 GMT. At the same time, Machinery orders report will be released.
- United Kingdom: Inflation report containing CPI, PPI, RPI and HPI will be released at 8:30 GMT.
- Germany: Zew survey report for April will be released at 9:00 GMT.
- Eurozone: Zew survey report and industrial production report will be published at 9:00 GMT.
- United States: NFIB business optimism index will be released at 10:00 GMT, followed by JOLTS jobs report at 14:00 GMT. Fed’s Kashkari’s speech is at 17:45 GMT.
- Auction: U.S. will auction 1-months bills at 15:30 GMT and 10-year note at 17:00 GMT.
