Japan and Singapore will release trade numbers for March, while the Reuters Tankan index showed that business optimism weakened among large Japanese firms.
from U.S. Federal Reserve Chair Jerome Powell, who said there has been"a lack of further progress so far this year on returning to our 2% inflation goal."
The sentiment index for manufacturers stood at +9, down from the previous month's +10. A positive number means optimists outnumber pessimists, and vice versa. CNBC Pro: 'Hard to Ignore': Jefferies says this cybersecurity stock could double — even after jumping 75% in the past year "More recent data shows solid growth and continued strength in the labor market, but also a lack of further progress so far this year on returning to our 2% inflation goal," the Fed chief said.
Crude oil prices have fallen over the past two trading sessions, as fears of a wider war have eased after Israel and its U.S.-led allies successfully repelled the attack. But Donilon said the current cycle of conflict is not yet over as Israel will likely respond to the strike.
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