US Dollar:
1. US services price index surged in March, reaching its highest level since October 2022.
2. White House economic advisor Hassett: The Fed should be able to cut interest rates. It is expected that the Fed will lower rates after Warsh takes office.
3. Fed officials Goulsby and Hammark stated that inflation is flashing "orange" or more serious warning signs.
Euro:
1. ECB Governing Council member Radev: It is too early to judge whether an interest rate hike is needed in April.
2. ECB Governing Council member Stournaras: There are downside risks to Eurozone economic growth forecasts.
Others:
1. JPMorgan CEO Dimon warned that a war with Iran could further push up inflation and interest rates.
2. Former Bank of Japan policy board member Seiji Adachi: The Bank of Japan is likely to raise interest rates before July.
3. Market news: India cancels volatility margin requirements for foreign exchange forward transactions as market volatility has eased.
4. Banking sources: The Turkish central bank sold $5 billion in foreign exchange last week. 5. Singapore's Finance Minister: Singapore will increase corporate tax deductions from 40% to 50%.
6. Singapore's Deputy Prime Minister: Singapore's overall inflation rate in 2026 will be higher than previously expected; economic growth in the coming quarters is likely to be affected by the Middle East conflict.
7. Indonesian Central Bank Deputy Governor: The central bank has intervened in the spot and non-deliverable forward foreign exchange markets to maintain the stability of the Indonesian rupiah exchange rate.
