Japan March preliminary PMIs: Manufacturing 48.2 (prior 47.2) Services 54.9 (prior 52.9)

• Jibun Flash PMIs from Japan for March 2024

PBOC is expected to set the USD/CNY reference rate at 7.1792 – Reuters estimate

• The across the board US dollar weakness will be welcomed at the PBoC

Hong Kong's central bank follows the Fed, leaves base rate unchanged at 5.75%, es expected

Japan Reuters Tankan for March shows solid improvement for Manufacturing and Services

Fed 'insider' Timiraos says Fed's outlook has not changed since December: 3 cuts in '24

• 'Twas 3 in December, still is.

Goldman Sachs have 3 three takeaways from Powell's press conference

• GS point to Powell on stronger growth, stronger labour supply, "not an argument against rate cuts"

ICYMI: European Central Bank President Lagarde emphasizes again decisions data dependent

FOMC June rate cut probability back up to around 70%

• FedWatch tool update

Comments from Fed's Powell can be organized by topic

• A reveiw of the press conference from Fed's Powell.

Powell wraps up: Beware the post-press conference move

• So far the dovish reaction has won out

Powell Q&A: The economy is performing well

• Comments in response to questions

USDJPY moves down to test the old 2024 highs after BOJ/Fed.

• BOJ: Hike leaves room for us to consider rolling out another increase before year end

Bank of Japan weighing next rate hike in July - report

• Nikkei report

Powell opening statement: Risks are moving into better balance

• Comments from Powell in the opening of his press conference

Watch live: Powell's press conference

• Powell starts at 2:30 pm ET

FOMC dot plot & central tendencies from March 2024 meeting.EOY 2024 rate 4.6% vs 4.6% last

• The dot plot for 2024 show end of year rate of 4.6% vs 4.6% in December 2023. 2025 and 2026 EOY rate higher

The full statement from the FOMC rate decision on March 20, 2024

• The FOMC kept rates unchanged as expectations

Federal Reserve interest rate decision: Rates left unchanged

• Federal Reserve interest rate decision highlights March 20 2024

For reference: Here is the January 31 FOMC statement

• The Fed held rates unchanged in January

BOC Minutes: Conditions should materialize for cuts in 2024 but ideas on timing differed

• Highlights of the Bank of Canada minutes

Are the dots the wrong thing to be focused on?

• What about the forecast for core PCE?

ECB's Schnabel: We may now be facing a turning point in real interest rates

• Some dovish comments from the influential ECB governor

Crude oil trades to a new session low at $81.21

• Trades back below its 100-hour moving average at $81.50

ECBs de Cos: surely expected latte policy impact is a downside risk to euro growth outlook

• ECBs de Cos speaking

ECB's Lagarde says cannot commit to rate path even after first cut

• Lagarde says they expect to have two important pieces of information to help with their rate decision in the coming months