US Dollar
1. ADP report: In the four weeks ending March 21, US private sector employers added an average of 26,000 jobs per week.
2. Fed's Williams warned that a war with Iran would push up overall US inflation, while downplaying the nomination impasse at Warsh.
Euro
1. Overall demand in the Eurozone fell for the first time in eight months, with the economy severely impacted by the Middle East wars.
2. ECB Governing Council member Wensch: A prolonged crisis requires a series of interest rate hikes; he is open to raising key interest rates at the April meeting.
3. The Bank of Italy lowered its 2026 economic growth forecast from 0.7% at the end of January to 0.4%, and its 2027 forecast from 0.9% to 0.6%.
Japanese Yen
1. Japanese Prime Minister Sanae Takaichi: There is currently no need to prepare a supplementary budget.
2. Japanese Finance Minister Satsuki Katayama: It is currently impossible to determine whether an additional budget is needed.
Other
1. Reserve Bank of India kept key interest rates unchanged; the rupee's weakness became the focus.
2. Central Bank Indonesia intensifies efforts to stabilize the Indonesian rupiah, with foreign exchange reserves falling to a near two-year low.
3. The Reserve Bank of New Zealand held its policy rate steady as expected, emphasizing inflation risks and stating its readiness to take action.
4. Central Bank Indonesia: Continues to participate in the spot, offshore non-deliverable forward (NDF) and onshore NDF markets; optimizes all policy tools to maintain the stability of the rupiah.
